For Immediate Release / October 20, 2026
Proposed 2027-29 Financial Plan & 2027 Budget Presented to Council
At the Council Meeting on October 20, 2026, Chief Administrative Officer William Fletcher presented Council with the Proposed 2027-29 Financial Plan and 2027 Budget.
The proposed financial plan and budget focuses on:
- Maintaining high service levels for existing and new areas of development.
- Setting conditions for community well-being.
- Stimulating responsible economic growth by creating more employment and business opportunities for residents.
- Balancing increased costs and required investments for a sustainable future.
The proposed 2027 budget highlights include:
- The proposed 2027 Municipal Operating Budget results in a $162.4 million tax levy, which represents a tax increase of 4.5 per cent. This means residents would see an average of $875 per $100,000 in assessed value on their property tax bill, an increase of about $35 from 2026.
- The proposed 2027 Municipal Capital Budget of $53.1 million includes 28 capital charters (requests for funding) focusing on repairing, maintaining and/or replacing existing municipal infrastructure, and 13 capital charters that address community growth.
- The proposed 2027 Utility Operating Budget is $66.0 million. The proposed monthly utility bill will yield an average increase of 8.8 per cent or a change of $15.39 per month compared to last year.
- The proposed 2027 Utility Capital Budget of $28.2 million includes nine capital projects, focusing on repairing, maintaining and/or replacing existing utility infrastructure and three capital charters that address community growth.
In developing the proposed financial plan and budget, Administration was guided by Council-approved services and service levels, Council’s Strategic Plan and the Corporate Business Plan.
HAVE YOUR SAY!
Residents are invited to take a short survey and provide their feedback on the proposed 2027 budget from October 20 to November 5 at conversation.stalbert.ca.
For more information on the 2027-29 Financial Plan and 2027 Budget, visit the City of St. Albert’s website at budget.stalbert.ca and click on 2027 Budget.
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Last edited: October 20, 2026