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.
$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.
The chart above excludes Provincial Education Levy, Homeland Housing Levy and utility charges.
Environmental Sustainability: $30
Public Operations: $722
Planning & Engineering Services: $275
Fire Services: $661
Family & Community Support Services: $56
Recreation & Parks: $243
Transit Services: $412
Police Services: $573
Arts & Heritage: $62
Library: $135
Culture Services: $107
Corporate Financing: $344
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 Facilities: $14.8 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
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.
$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:
Waste Water: $54.07
Water: $47.48
Stormwater: $19.58
Solid Waste: $33.55
Total: $154.68
Proposed Utility Capital Budget
For 2024, the proposed utility capital plan investment by asset category is illustrated below:
Water Infrastructure: $8.1 M
Wastewater Infrastructure: $4.1 M
Stormwater Infrastructure: $9.8 M
Solid Waste Infrastructure: $0.4 M
14 Projects
Total: $22.4 M
Related Pages
Last edited: October 9, 2024