Council to approve three-year budget for circulation

Tax rate increases of 2.9 per cent, 3.7 per cent and 2 per cent for residential properties over the next three years will be proposed

Tax rate increases of 3 per cent, 3.7 per cent and 2 per cent for residential properties over the next three years will be proposed when the Town’s three-year budget comes before council on Monday.

The next two years will see a zero per cent tax increase for non-residential properties, rising by 1.5 per cent in 2017.

A residential tax rate increase of 4 per cent for each of the three years was proposed at the start of this year’s budget discussions. Town communications office Joanne Gaudet said the final numbers were adjusted in light of new assessment increases. The 3 per cent increase is inclusive of payments on a new firehall and the NexSource Centre, as well as some of the Town’s other major projects, she said.

Deliberations on the Town’s three-year 2015-2017 budget wrapped up on Saturday. On Monday, council will approve to have the budget drafted and circulated for public input before giving it final approval next month.

“The 3 per cent rate increase in 2015 is the proposed formal budget increase, whereas the 3.7 and the 2 per cent in other years are part of our overall three-year budget plan, and we will review annually,” said Gaudet.

The three-year budget, she added, is more transparent than a typical one-year budget, allowing ratepayers an insight into future projects and town growth.

Included in it are economic development initiatives, a social needs assessment, a special transportation study, a municipal census and the implementation of an infrastructure study, which includes increased water and wastewater rates, water meter replacements and a street rehabilitation program.

Other highlights include a tree removal and replacement program at $20,000 in both 2016 and 2017, and website re-design at $20,000 in 2016 and $60,000 in 2017. The latter will be part of a larger re-branding process to be launched in stages.

Full details of the proposed budget will be made public following Monday night’s (Nov. 10) council meeting. A budget open house information session is scheduled for Nov. 22.

 

 

Just Posted

Sylvan Lake woman recounts her experience trekking Mt. Everest

Perle Campbell and her daughter travelled to Nepal in May to hike to base camp on Mt. Everest

Sylvan Lake Midget Buccaneers secure playoff spot

The Midget Buccs defeated the Didsbury Chargers 11-6 on June 15 to close out regular season play

AMBER ALERT: Alert cancelled after child located safe and unharmed

Alert cancelled after child located safe and unharmed

Sylvan Lake Yettis clinch league’s top spot

The Yettis have a first round bye and will play the second round of playoffs on home court, July 5-7

MP Blaine Calkins tables rural crime bill

Bill C-458 was tabled Friday, and proposes to amend the Criminal Code to account for rural residents

VIDEO: ‘Avengers: Endgame’ to be re-released with new footage

‘Avatar’ holds global box office record at $2.788 billion, while ‘Endgame’ stands at $2.743 billion…

Air Canada expects Boeing 737 Max to resume flying by September or October

Air Canada isn’t worried about safety of the planes, says vice-president

More than 700 wildlfire evacuees in Alberta can soon return to Metis community

Evacuees from the Paddle Prairie Metis Settlement can safely return starting on Thursday

B.C. files second legal challenge against Alberta over turn-off-taps law

B.C. government filed a second lawsuit against Alberta on June 14

Tax credits, penalizing big polluters, key to Conservative climate plan

Canada’s commitment is to cut emissions to 70 per cent of what they were in 2005 before 2030

VIDEO: Acknowledging skeptics, finance minister vows to build Trans Mountain project

Bill Morneau said he recognizes ‘huge amount of anxiety’ in Calgary over future of oil and gas sector

Shovels could be in the ground on Trans Mountain by September, CEO says

Ian Anderson points to weeks likely required for NEB to reinstate 2016 regulatory record

Calgary man facing charges after B.C. police service dog aids in arrest

Heavy police presence results in PSD Jagger finding suspect

RCMP allows officers to grow beards

Members can now wear beards and goatees, as long as they’re neatly groomed

Most Read