Budget & Tax Rates

Council approved the Lacombe County 2022 operating and capital budgets and tax rate bylaw. Following two years of no tax increases, County Council will be increasing tax rates for all property classes and tapping into reserves to balance the infrastructure and growth needs of the community responsibly.

“Maintaining the services our ratepayers expect is crucial, and Lacombe County continues to focus on responsible and smart spending,” said Lacombe County Reeve Barb Shepherd. “Thankfully, with overall assessments coming in higher than expected – specifically due to residential growth and market increases, and increased Machinery & Equipment (M&E) assessments – we were able to reduce the tax rates proposed in December when we approved the interim budget.”

Each year, Council works through the complex task of managing resources to balance present needs and future growth.