Budget and Financial Statements

Thank you for your participation in the 2020 budget participation tool. Information gathered from this process, as well as feedback from the Coffee with Council sessions, was given to Council for review prior to final budget deliberations.

2020 Budget Release and Documents

2020 Operating and Capital Budgets

Edson, Alberta, December 4th, 2019 – Council has approved the 2020 Capital and Operating Budgets with some minor changes to the Capital budget. The Budget uses the equivalent of a 3.97% municipal tax increase, down from the original proposal of 6.18%.

The 3.97% equivalent taxation increase will be funded 1.00% from taxation, and 2.97% though utility bills as the cost of recycling is transferred from taxation to utility bills. The actual taxes levied on an individual property will be dependent on their property assessment.

To achieve this reduction from the original proposal, the following changes have been implemented:

This budget was kept at a modest increase by reducing administrative costs, while maintaining services and increasing the commitment to future infrastructure needs.

Capital Budget

The Capital Budget was approved with the addition of $750,000 towards the Vision Park Well & Washroom Project (funds from Infrastructure Reserve), and the removal of $50,000 for the Dog Park Project. The Capital budget also includes:

The full list, as well as information on the budget process, public engagement results, and presentation budget document can be found online at www.edson.ca/budget.

The Town of Edson Council and Staff would like to thank everyone that took the time to participate in this process.