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Blackfalds Council Approves 2021 Operating Budget

posted on Dec 9 2020

Blackfalds, Alberta (December 9, 2020) – During the December 8 regular council meeting, the 2021 operating budget of $28,579,080 was approved, anticipating a 1.5% property tax increase.

The 2021 Operating Budget was prepared and reviewed through a collective process. This process began in the early fall with the approval of the budget timeline and public engagement using the Online Citizen Budget Tool. Over the past few months, Administration and Council had various discussions, presentations, and budget workshops regarding the budget and allowed Administration and Council to review the budget with compromise.

“The approval of the budget was the conclusion of a process that lasted several months, during which all Councillors had the opportunity to provide input and bring forward changes that they would like to see incorporated,” added Mayor Richard Poole. “Last night’s presentation provided an accurate summary of this process and I feel Council made the correct and responsible choice by passing this budget.”

As a result of the 1.5% increase, the average house valued at $286,000 will experience a $35 per year increase or $2.91 per month. This value, of course, excludes the Alberta School Foundation Fund.

With the ever-changing effects of the current COVID-19 pandemic in mind, Director of Corporate Services Justin de Bresser expressed reassurance that Administration will have the ability to re-visit and re-evaluate the budget before Council approves the tax rate bylaw with the intent to amend if required. 

“Administration is very pleased to balance the 2021 Operating Budget with a minimal increase in property taxes,” said de Bresser. “We will be monitoring the current economic conditions with the intent of bringing the budget back to Council in the spring; this will enable the Elected Officials to provide further feedback ahead of the approval of the Property Tax Rate Bylaw.”

For details visit the Town website at blackfalds.com.

For more information:

Richard Poole

Mayor

403.885.6372

richard@blackfalds.com

 

Justin de Bresser

Director of Corporate Services

403.885.6238

jdebresser@blackfalds.com