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Proposed 2020 Budget Overview

On October 28, 2019, Chief Administrative Officer Kevin Scoble presented City Council with Administration’s Proposed Financial Plan and 2020 Budget.

For the 2020 Budget, the City is proposing a 2.4 per cent property tax increase. This consists of a 0.9 per cent increase to maintain current services and a 1.5 per cent increase focusing on repairing, maintaining and/or replacing (RMR) existing municipal infrastructure.

The City is facing a significant funding challenge on municipal infrastructure over the next 10 years. Council approved the 1.5 per cent property tax increase for the next three years to start addressing this challenge. Administration is working on various long-term solutions to help offset the impact of RMR on municipal taxes.
The remaining 0.9 per cent increase is focused on maintaining the City’s current services.

For details visit budget.stalbert.ca [http://budget.stalbert.ca/]

Long-term fiscal sustainability is one of the City’s top priorities. Administration is focused on developing sustainable business practices through revenue generation opportunities, cost-savings initiatives, process efficiency improvements and the creation of regional partnerships and collaborative opportunities where appropriate.

We want to hear from you! What priorities are important to you?

All input will be shared with City Council to inform their decision-making on the 2020 budget.

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For details on the Proposed Financial Plan + 2020 Budget, visit budget.stalbert.ca [http://budget.stalbert.ca/]

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