Proposed 2024 Budget Summary

Proposed Operating Budget


The 2024 Proposed 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 costing $500,000, this means an increase of $226 per year. 

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.

Proposed 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.

Tree Environmental Sustainability: $30


Worker Public Operations: $722


Pencil Planning & Engineering Services: $275


Fire Fighter Fire Services: $661


Hands Family & Community Support Services: $56


Soccer Player Recreation & Parks: $243


Bus Transit Services: $412


Police Police Services: $573


Grain Elevator Arts & Heritage: $62


Book Library: $135


Art Culture Services: $107


Money Corporate Financing: $344


Badge General Government: $840


TOTAL = $4,460


 

Proposed 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 proposed municipal capital plan investment by asset category is illustrated below:

Civic Facility

Civic Facilities: $14.8 M


Historic Grain Elevators

Historical/Cultural: $0.1 M


Parks & Trails

Parks & Trails: $3.3 M


Roads & Engineered Structures

Roads & Other Engineered Structures: $13.1 M


Land & Land Improvements

Land & Land Improvements: $0.0 M


Master Plan and Studies

Master Plan, Studies & Other: $2.2 M


Mobile & Other Equipment

Mobile & Other Equipment: $8.0 M


Total

42 Projects
Total: $41.5 M



Proposed 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

$10.44 (7.2%) rate increase based on the typical monthly household utility bill ($154.68).

Proposed Distribution of Utility Bill

The proposed typical monthly bill for 2024 is $154.68, an increase of 7.2 per cent from the prior year. The allocations of monthly rates are as follows: 

Toilet Waste Water: $54.07


Fire Hydrant Water: $47.48


Stormwater Grate Stormwater: $19.58


Waste Bin Solid Waste: $33.55


Money Total: $154.68

Utilities Pie Chart

Proposed Utility Capital Budget


For 2024, the proposed utility capital plan investment by asset category is illustrated below:

Water Infrastructure

Water Infrastructure: $8.1 M


Wastewater Infrastructure

Wastewater Infrastructure: $4.1 M


Stormwater Infrastructure

Stormwater Infrastructure: $9.8 M


Solid Waste Infrastructure

Solid Waste Infrastructure: $0.4 M


Total

14 Projects
Total: $22.4 M



Related Pages

Last edited: October 9, 2024