Administration, with Council’s direction has presented the 2020-2022 Operating Budget and the 2020-2024 Capital Budget. All anticipated revenues and expenditures for the three year period have been included. During the preparation of the draft budget the following figures were realized. Council is pleased that even though the province of Alberta has announced budget cuts to municipalities, they are able to present a balanced budget for 2020 with a 0% increase in municipal tax rates.
On December 10, 2019, Council adopted the 2020 Operating and Capital Budgets and accepted the 2021 & 2022 Operating Budgets and the 2021-2024 Capital Budgets for information only.
|Year||Draft Budget||Approved Budget|
|2020||$ 71,136 surplus||$ 482 surplus|
|2021||$ 442,259 deficit||$ 129,216 deficit|
|2022||$ 14,445 deficit||$ 178,384 deficit|