2022 Budgets & 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.”

pdf Final Consolidated Capital Budget 2022 (82 KB)

pdf Final Consolidated Operating Budget 2022 (89 KB)

pdf Final Operating Budget Revenue 2022 (134 KB)

pdf Final Operating Budget Expenses 2022 (125 KB)

Media Release

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

2022 Municipal Tax Rates

The 2022 tax rates and tax rate changes for Lacombe County, the provincial Policing Levy, Alberta Education, and the Lacombe Foundation are as follows:

2022 Tax Rates

 

Residential

Farmland

Non-Residential

M&E

Municipal 2022 Tax Rate

2.595

5.505

5.613

5.613

Combined 2022 Tax Rate*

5.312

8.222

9.571

5.790

*(Municipal Rate, in addition to the Police Levy, Alberta Education and Lacombe Foundation)