Published on May 21, 2021
Did you know that unless we are able to identify new sources of revenue, the City of St. Albert may need significant tax increases to maintain our service levels?
The City has already taken a variety of measures to reduce costs, find efficiencies and minimize potential budget deficits. This has helped the City keep the average tax increase to 1.8 per cent over the past decade. However, traditional sources of revenue are no longer able to sustain the level of services and programming that residents expect. Our excellent programs and services, which the City takes pride in delivering, are some of the reasons residents expressed 96 per cent satisfaction on our most recent community survey.
To maintain current service levels, the City is projecting tax increases of approximately four to five per cent each year to keep up. The City needs to identify new sources of revenue to complement traditional revenue streams. To do this, the City is asking the community for help. Change is inevitable but the type of change is up for discussion. The City is seeking residents’ input in three areas:
- Ideas on new revenue-generating opportunities for the City to consider.
- Perspectives on how the City could manage necessary changes.
- Suggestions on the best way to share information on change with the community.
Residents can share their thoughts by visiting the Planning Forward: Setting the Context project page on the City’s Cultivate the Conversation online public participation platform.
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Last edited: May 26, 2021