Press Release - 2018 Budget Approved
Whitecourt Town Council approved the final 2018 Budget. The budget, valued at just over $54.3 million, requires a 2.34% change to municipal mill rates for both residential and business properties.
“With input from various stakeholders, I believe we have found a balance in the 2018 budget that allows us to maintain and enhance service levels for today, as well as plan and prepare for growth in the future,” remarked Whitecourt Mayor Maryann Chichak.
Budget highlights include:
The 2018 Capital Budget totals $15,818,952.
The 2018 Operating Budget totals $38,543,968.
Revenue from taxation totals $13,717,558; accounting for 25% of the municipality’s total revenue.
“Budget decisions outline the funding for all municipal operations and activities – including infrastructure investment, recreation and cultural programs, social services, and more. It is our most important planning tool, and guides decisions and priorities for both the short and long term,” added Mayor Chichak. “We worked hard to actively engage residents, business owners and Committee Members throughout the budget process; efforts included hosting an open house and Special Budget Input Meeting, calling for written comments, and more. To all of the members of various Council Committees that assisted with budget preparation – thank you! To all of those that submitted comments and provided input, we appreciate your interest and insight.”
The Town of Whitecourt publishes an annual budget report to help increase local understanding of projects and initiatives planned for the year, and residents’ knowledge of where municipal tax dollars are spent. The report will be available on www.whitecourt.ca and municipal social media sites at the beginning of May after the Tax Rate Bylaw has been adopted by Town Council.