BLACKFALDS – Blackfalds residents will only see a one per cent increase in their taxes – about a half per cent below the Consumer Price Index for Alberta and about half the national average.
The one per cent increase will mean a $23 per year (or $1.94/month) increase for an average house valued at $286,000 (excluding the provincial portion of the Alberta School Foundation Fund).
“Our council recognized the circumstances that many of our citizens are experiencing, and in response, we chose to forgo any increase to councilor remunerations for the upcoming year,” said Mayor Richard Poole.
At their regular council meeting on Dec. 10, the Town of Blackfalds council approved the 2020 operating budget of $28,900,649.
“We are very encouraged that administration and our staff also recognized these challenging times and have demonstrated that they are committed to finding efficiencies within our town operation for the upcoming year.
“2020 will be exciting, and I am confident that with this budget as well as our Capital budget, our town is positioned to continue supporting economic and business growth, supporting facility development and bringing greater prosperity and success to Blackfalds.”
The operating budget was prepared and reviewed through a collaborative process which included public input through a budget survey conducted July 15 – August 15. Over the past few months, administration and council took part in various discussions, presentations and budget retreats and resulted in a unanimous consensus for the 2020 budget.
By separating out the capital budget in the amount of $16,802,600, which was approved Nov. 26, council was able to direct their attention solely on the operating budget.