The budget is one of the most critical policy decisions Council makes each year. Careful budgeting and sound financial decisions mean better services for our residents and ensure taxpayers are getting the best value for their money.
Everything the County does has an associated cost. Whether it is a direct service such as enforcement, snow removal, and the labour and equipment for road maintenance; or an indirect cost such as supporting regional recreational and cultural facilities. Council and staff spend a great deal of time making sure careful financial decisions are aligned with taxpayer expectations.
County Council approved the interim 2023 capital and operating budgets that recognizes the issue of inflation facing our residents and businesses, while ensuring the expenses of maintaining and running Lacombe County are addressed. Council felt this budget will balance the reality of our current economic environment, without negatively impacting our ratepayers.
At its April 27, 2023 meeting, Council approved the Lacombe County 2023 operating and capital budgets and tax rate bylaw. With overall assessments coming in higher than expected, Lacombe County Council voted in favour of no increases in municipal tax rates.
Final 2023 Budget - Expenses Final 2023 Budget - Revenue
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Annual Budget Process |
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Interim operating and capital budgets are approved each year in two stages:
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2023 Operating Budget |
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In addition to continuing to provide current service levels, the 2023 operating budget of $65,149,770 includes:
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2023 Capital Budget |
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The 2023 capital budget of $20,327,210 was decreased by $3.860 million from 2022. The capital budget includes:
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