2024 Interim Budget Report
Whitecourt Town Council has approved the 2024 Interim Budget. The budget, totaling $98,245,884, consists of a $43,589,013 operating budget and a capital budget of $54,656,871. The budget maintains service levels, and funds important capital investments with a 3.77% tax rate increase.
“Despite being faced with rising inflation costs, cost of living increases, reductions in provincial funding and federal carbon tax increases, Whitecourt continues to have one of the most competitive tax rates in our region,” stated Whitecourt Mayor Tom Pickard. “I’m proud of the budget approved. It maintains service levels, and allocates funding according to priorities outlined in our strategic plan and from public engagement.”
The 2024 Budget will be finalized in the spring of 2024 once the Provincial budget is adopted, and final assessment figures are established. Specific tax rate impacts will vary by property type depending on the assessed value of a home or business, and will be determined once the final budget is adopted.