For Immediate Release | November 07, 2017
City Manager Presents Proposed 2018-2020 Business Plan and 2018 Budget
Includes 2.9 per cent tax increase and 2.1 per cent utility rate increase
At the November 6, 2017 City Council Meeting, City Manager Kevin Scoble presented Council with Administration’s Proposed 2018-2020 Business Plan and 2018 Budget.
The business planning and budget process takes into consideration the Community Vision, Strategic Plan and Council Priorities, as well as input received from residents through the Community Satisfaction Survey, the Budget Open House, and other forms of input, to help ensure the plan and budget enable delivery of services and reflects the priorities identified by the community.
The Proposed 2018-2020 Business Plan and 2018 Budget are built with a focus to:
- Maintain services and service levels;
- Improve or enhance service levels;
- Support growth to move forward the Strategic Plan and Council Priorities; and,
- Maintain and plan for various infrastructure projects.
Municipal Operating Budget
The proposed net municipal operating budget of $103 million results in a proposed 2.9 per cent property tax increase. For an average house valued at $450,000, this means a tax increase of $99 per year. The proposed increase includes five base business cases required to respond to changes in the business environment and includes 20 growth business cases to support enhancing services and service levels. These growth business cases are funded from new assessment growth and therefore do not result in any tax increase for residents.
Utility Operating Budget
Utility rates in 2018 are proposed to be 2.1 per cent higher than in 2017, with a typical monthly utility bill of $147.11. Included in the utility rates are four business cases to support sustaining and enhancing services and service levels.
Municipal and Utility Capital Budget
The 2018 capital plan proposed by Administration includes:
- 32 municipal capital projects to repair, maintain or replace existing infrastructure, valued at $22 million;
- 17 municipal growth capital projects, valued at $6.9 million;
- 11 utility capital projects to repair, maintain or replace existing infrastructure, valued at $11.8 million; and,
- 3 utility growth capital projects, valued at $0.2 million.
“Council invites and encourages residents to have their say about their priorities and provide input into the budget at the upcoming budget open house or by using any other method to communicate to Council that is convenient,” says Mayor Cathy Heron.
The Budget Open House will take place on Wednesday, November 8, from 6:30 to 8:30 p.m. It will be held at Red Willow Place, 7 Taché Street in St. Albert. In addition, residents are invited to attend the divisional presentations on November 9, 14, and 16, and deliberations on November 28, 30 and December 5, all starting at 3 p.m.
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