Approved 2024 Budget Summary

Operating Budget

The 2024 Operating Budget of $134.1 million results in a 5.5 per cent property tax increase. This increase is required to deliver current programs and services to the community while responding to community growth. For an average house valued at $500,000, this means an increase of $226 per year or $18.83 per month.

Blue House and Clouds

$226 (5.5%) tax increase based on the average cost ($500,000) of a St. Albert home.
Note: percentage shown has been rounded to the nearest decimal point.

The actual tax rate will not be finalized until May 2024 after the assessment roll is completed.

Tax Dollars at Work

The operating budget funds services such as snow removal, trail maintenance, transit, and recreation programs for residents. The annual budget is built to maintain those services at Council approved service levels. Efforts are also made to continue to optimize service delivery to ensure community needs are met.

Distribution of Tax Dollars to Various Service Categories

For an average house valued at $500,000, the homeowner will see a $4,460 property tax bill, an increase of $226 for 2024. The distribution of tax dollars to various service categories is illustrated below.

Pie Chart of Tax Dollars

The chart above excludes Provincial Education Levy, Homeland Housing Levy and utility charges.

Environmental Sustainability: $30

Public Operations: $713

Planning & Engineering Services: $280

Fire Services: $649

Family & Community Support Services: $56

Recreation & Parks: $240

Transit Services: $408

Police Services: $569

Arts & Heritage: $61

Library: $133

Culture Services: $106

Corporate Financing: $362

General Government: $853

TOTAL = $4,460

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 2024, the municipal capital plan investment by asset category is illustrated below:

Civic Facilities: $14.9 M

Historical/Cultural: $0.1 M

Parks & Trails: $3.3 M

Roads & Other Engineered Structures: $13.1 M

Land & Land Improvements: $0.0 M

Master Plan, Studies & Other: $2.2 M

Mobile & Other Equipment: $8.0 M

44 Projects
Total: $41.6 M

Utility Budget

Utility Rate

The utility rates fund the operating and capital costs for water, wastewater, 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 wastewater treatment, stormwater and solid waste management.

Green House and Clouds

$12.30 (8.5%) rate increase based on the typical monthly household utility bill ($156.54).

Distribution of Utility Bill

The typical monthly bill for 2024 is $156.54 or $12.30per month, an increase of 8.5 per cent from the prior year. The allocations of monthly rates are as follows:

Waste Water: $55.98