Residents can now make use of the“Citizen Budget” toolon our website. This interactive tool will help visualize the Town of Edson’s budget, as well as give an idea of the impact certain changes would have to taxation and service levels.
For a more in depth view of the 2019 Budget Proposal, follow the link below.
*This proposal is not the final document and has not been approved by Council. The budget will be presented to Council for approval in December.
The Budget will be adopted by Council in December, 2018 and finalized in the Spring of 2019, as there are some items that are not known at this time. Here is an anticipated timeline for the passing of the Budget:
November 13, 2018 – Citizen Budget launched.
November 27, 2018 – Budget brought back to Council for final deliberations,
December 4, 2018 – 2019 Budget presented to Council for adoption.
February 2019 – Assessment figures released to the Town
March/April 2019 – Requisition figures for Schools (AB Education) and Evergreens (Seniors Lodges) received
April 2019 – Revised Budget presented to Council
May 2019 – Mill Rate Bylaw passed, and tax notices sent to property owners.
2018 Operational and Capital Budget
Council has approved the revised 2018 Capital and Operating Budgets in May. The Budget uses a 1.9% municipal tax increase. This means the amount of taxes collected by the Town for municipal purposes will increase by approximately $200,000, however, the actual taxes levied on an individual property will be dependent on their property assessment.
The modest increase allows for some reserve transfers to resume, which were halted last year to allow for the 0% budget. Funding these reserves is important for the Town as it allows for future planning for items like equipment purchases, facilities, and large-scale projects.
The 2018 budget includes a number of new and continued projects. Some highlights include; the addition of live video streaming services and archiving for Council meetings, a change to curbside garbage and organic waste collection services, and a move towards leasing some larger equipment rather than purchasing. Some capital projects for 2018 include; Kinsmen Park resurfacing (playground), Multi-use facility preliminary site selection/conceptual designs, continued SCBA replacement program for the Fire Department, water well exploration, highway flags (branding/beautification work), trail work, and road rehab work. The budget also includes the hiring of a full time IT position, an FCSS Outreach worker, as well as two staff members for the Wastewater Treatment Plant. The revised operating budget also includes some grants to organizations (Wilmore Park Bike trails - $350,000 and Yellowhead Agricultural Society - $400,000).
The Mill Rate Bylaw has also been passed. The Town of Edson’s overall taxable assessment has decreased slightly by 0.96%. This is used to generate the taxation revenue and is what drives the mill rate calculations for Municipal taxes, School, and Evergreens Requisitions. The Municipal taxes for 2018 are set at a 1.9% increase, which has lead to a slight increase in the municipal residential and non-residential mill rates.