2025 Budget

At the December 17, 2024, Council meeting, the 2025-27 Financial Plan and 2025 Budget were approved following the budget deliberation process. This includes the 2025 municipal and utility operating and capital budgets.

The proposed 2025 budget continues to focus on maintaining high standards for delivering programs and services to residents, businesses and community stakeholders while setting conditions for future growth, community well-being and economic prosperity. St. Albert continues to grow and is now home to 72,316 residents and is responding to the challenges and opportunities with increased operational costs due to inflation and reduced government grant funding like other municipalities across Canada. In response, the planning and budget focus on operational improvements, managing resources and corporate risks effectively while balancing increased costs and required investments for a sustainable future.

The approved 2025 Budget includes a property tax increase of 3.6 per cent or an increase of $31 per year per $100,000 assessed property value. The average utility rate will increase of 7.2 per cent or a change of $11.27 per month compared to last year.

Approved 2025 Budget Information 

PROPOSED 2025  Budget Information

Proposed Budget Document
Note: The proposed Budget document does not reflect Council’s approval to increase the Gas Franchise Fee rate for 2025 resulting in additonal revenue for the City and a lower tax levy. The proposed Budget includes an average property tax increase of 4.0 per cent (an average increase of $34 per year per $100,000 of assessed value).
Proposed Budget Summary