Approved Budget Summary
The 2022 approved Net Municipal Tax Requirement of $117.4 million results in a 2.8 per cent municipal property tax increase. Administration has incorporated cost efficiencies, corporate adjustments and service level adjustments reducing the initial tax requirement of 7.5 to 2.8 per cent. The 2.8 per cent includes our 1.5 per cent commitment to repairing, maintaining and/or replacing (RMR) funding.
This increase relates to the City’s commitment to being fiscally responsible by reducing spending to offset declining revenues and inflationary impacts. For an average house costing $450,000, this means an increase of $105 per year.
$105 (2.8%) tax increase based on the average cost ($450,000) of a St. Albert home.
The actual tax rate will not be finalized until May 2022 after the assessment roll is completed.
Tax Dollars at Work
The City has worked hard to continue to exercise fiscal responsibility and minimize the financial impacts to our community, but we cannot continue to do things as we have in the past and remain sustainable at the same time. The approach for this budget involved a commitment to minimize spending and maximize revenue, and focused on reducing some service levels to re-prioritize resources while continuing to deliver those programs and services most valued by residents and businesses.
Distribution of Tax Dollars to Various Service Categories
For an average house valued at $450,000, the homeowner will see a $3,939 municipal property tax bill, an increase of $105 for 2022. The distribution of tax dollars to various service categories is illustrated below.
Excludes Provincial Education Levy, Homeland Housing Levy and utility charges.
Environmental Sustainability: $31
Public Works: $632
Planning & Economic Development: $64
Fire Services: $609
Community & Social Development Services: $78
Recreation & Parks: $201
Engineering Services: $199
Police Services: $457
Outside Agencies: $188
Culture Services: $110
Corporate Financing: $286
General Government: $693
TOTAL = $3,939
Municipal Capital Budget
The Capital Budget provides for investments in infrastructure and capital assets such as constructing, buying or maintaining assets including roads, sidewalks, buildings, vehicles, equipment and land. This portion of the budget is important for critical maintenance of existing infrastructure and the future growth of our city.
For 2022, the municipal capital plan investment by asset category is illustrated below:
Civic Facilities: $10.6M
Parks & Trails: $1.6M
Roads & Other Engineered Structures: $41.7M
Land & Land Improvements: $0.3M
Master Plan, Studies & Other: $1.8M
Mobile & Other Equipment: $7.5M
utility capital plan investment
For 2022, the utility capital plan investment includes: 10 utility capital projects to repair, maintain or replace existing infrastructure, valued at $16.6 million.
The Utility Rate funds the operating and capital costs for water, waste water, stormwater, and solid waste programs that support St. Albert’s ability to provide clean, safe drinking water to its residents, as well as protect the natural environment through waste water treatment, stormwater and solid waste management.
$5.97 (4.5%) rate increase based on the typical monthly household utility bill ($139.01).
Distribution of Utility Bill
The typical monthly bill for 2022 is $139.01, an increase of 4.5 per cent from the prior year. The allocations of monthly rates are as follows:
Solid Waste: $32.62
Waste Water: $47.04
Last edited: December 21, 2021