Black Press File Photo

Black Press File Photo

City of Lacombe passes 2019 capital and operating budgets

2019 Operating Budget reflects a 2.8 per cent tax rate increase

At their regular meeting Monday, Council adopted the 2019 Capital and Operating budgets.

Consistent with Council’s budget guidelines, the 2019 Operating Budget reflects a 2.8 per cent tax rate increase, aligned with the Alberta Consumer Price Index. This means that an average house in Lacombe valued at $372,000 will see a total increase of $87 in 2019.

“Council believes this is a prudent and realistic budget, responsive to the needs and preferences of our citizens,” said Mayor Grant Creasey. “It allows the City to keep pace with the rising cost of service delivery without placing undue burden on taxpayers.”

“We’re really happy to be delivering a budget that is, for a second year, consistent with inflation.” said Chief Administrative Officer Matthew Goudy. “While recognizing the need for fiscal restraint, Council is also investing for long-term economic growth, improving quality of living and securing a stronger future for our city.”

2019 Operating Budget

The City of Lacombe’s 2019 Operating Budget has combined total revenues and expenses of $44M, resulting in a balanced budget. Budget highlights include:

  • Debt repayment amounts to a total of $2.5M
  • Increased saving into City reserves
  • Planning for growth
  • Increased funding for parks and playgrounds
  • Money allocated to support community projects through the Community Builder Partnership
  • Growth of the City’s art collection, and maintenance of existing artworks, including the City’s murals
  • Increased grants to external groups

The City is making historic investments in long-term infrastructure and economic development. In total, the 2019 Operating Budget includes $1.8M in new debt, along with $6.6M in carryover debt from 2018, to support development on the west, north, and east sides of the community.

2019 Capital Budget

The 2019 Capital Budget will see a total of $6.5M in new expenditures spread through 43 projects. Roads and underground infrastructure are the majority of capital costs for 2019, with building improvements, equipment, and vehicles accounting for the rest of the project costs.

Funding for new projects in the 2019 Capital Budget is sourced primarily from grant funding at $3.4M, with reserves at $1.4M. Major projects anticipated in 2019 include:

• West Area Servicing: This Intermunicipal project will extend services to the western boundary of the City, and beyond, into Lacombe County – $11.6M (2018 carryover)

• Highway 12/76 Street Intersection Upgrade: To facilitate the increase in traffic from adjacent development/bypass road system – $3.5M (2018 carryover)

• Fairway Drive Sidewalks – $553,500

• Northstar Drive: Replacement of curb and sidewalk, road base, road surface, water mains, sanitary sewer mains and storm sewer mains – $1.4M 10 Year Capital Plan

The City’s long-term infrastructure needs have been planned for through a fully funded 10 Year Capital Plan.

The plan was revised according to Council’s strategic goals, and is less reliant on municipal coffers. The new plan includes about half of the debt borrowing that was included in the previous plan and is more reliant on external funding sources, such as provincial and federal granting programs.

Public input into the budget process was solicited through the 2019 Citizen Budget Survey, conducted in August 2018. Additional public feedback was received at the 2018 Budget Public Open House on November 15, 2018, at the Lacombe Memorial Centre.

The budget presentation was also posted online for public review. Council will formally set the property tax rate in April 2019, after the assessment roll is prepared and the provincial budget is announced.

For more information on the 2019 Capital and Operating budget, please see the November 26, 2018, Council meeting agenda at http://www.lacombe.ca/home/showdocument?id=11325.

-Submitted by the City of Lacombe

Just Posted

The Government of Alberta identified 115 new COVID-19 cases Sunday, bringing the provincial total to 3,089.
(Black Press file photo)
Alberta reports 100 new cases of COVID-19

The Central zone sits at 218 active cases

The Government of Alberta identified 115 new COVID-19 cases Sunday, bringing the provincial total to 3,089.
(Black Press file photo)
Red Deer drops to 71 active cases of COVID-19

Province adds 127 new cases of the virus

Police officers and their dogs undergo training at the RCMP Police Dog Services training centre in Innisfail, Alta., on Wednesday, July 15, 2015. Mounties say they are searching for an armed and dangerous man near a provincial park in northern Alberta who is believed to have shot and killed a service dog during a police chase. THE CANADIAN PRESS/Jeff McIntosh
RCMP search for armed man in northern Alberta after police dog shot and killed

Cpl. Deanna Fontaine says a police service dog named Jago was shot during the pursuit

Alberta now has 2,336 active cases of COVID-19, with 237 people in hospital, including 58 in intensive care. (Black Press file photo)
Red Deer down to 73 active cases of COVID-19, lowest since early November

The Central zone has 253 active cases of the virus

Marco Mendicino, Minister of Immigration, Refugees and Citizenship during a press conference in Ottawa on Thursday, May 13, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Canada to welcome 45,000 refugees this year, says immigration minister

Canada plans to increase persons admitted from 23,500 to 45,000 and expedite permanent residency applications

FILE – Most lanes remain closed at the Peace Arch border crossing into the U.S. from Canada, where the shared border has been closed for nonessential travel in an effort to prevent the spread of the coronavirus, Thursday, May 7, 2020, in Blaine, Wash. The restrictions at the border took effect March 21, while allowing trade and other travel deemed essential to continue. (AP Photo/Elaine Thompson)
Feds to issue update on border measures for fully vaccinated Canadians, permanent residents

Border with U.S. to remain closed to most until at least July 21

Blair Lebsack, owner of RGE RD restaurant, poses for a portrait in the dining room, in Edmonton, Friday, June 18, 2021. Canadian restaurants are having to find ways to deal with the rising cost of food. THE CANADIAN PRESS/Jason Franson
Canadian restaurateurs grapple with rising food costs, menu prices expected to rise

Restaurants are a low margin industry, so there’s not a lot of room to work in additional costs

Orange shirts, shoes, flowers and messages are displayed on the steps outside the legislature in Victoria, B.C., on Tuesday, June 8, 2021 following a ceremony hosted by the Songhees and Esquimalt First Nations in honour of the 215 residential school children whose remains have been discovered buried near the facility in Kamloops, B.C. THE CANADIAN PRESS/Chad Hipolito
Alberta city cancels Canada Day fireworks at site of former residential school

City of St. Albert says that the are where the display was planned, is the site of the former Youville Residential School

Barbara Violo, pharmacist and owner of The Junction Chemist Pharmacy, draws up a dose behind vials of both Pfizer-BioNTech and Oxford-AstraZeneca COVID-19 vaccines on the counter, in Toronto, Friday, June 18, 2021. An independent vaccine tracker website founded by a University of Saskatchewan student says just over 20 per cent of eligible Canadians — those 12 years old and above — are now fully vaccinated. THE CANADIAN PRESS/Nathan Denette
At least 20% of eligible Canadians fully vaccinated, 75% with one dose: data

Earlier projections for reopening at this milestone didn’t include Delta variant

This undated file photo provided by Ernie Carswell & Partners shows the home featured in the opening and closing scenes of The Brady Bunch in Los Angeles. Do you know the occupation of Mike Brady, the father in this show about a blended family? (Anthony Barcelo/Ernie Carswell & Partners via AP, File)
QUIZ: A celebration of dad on Father’s Day

How much do you know about famous fathers?

A dose of the Pfizer-BioNTech COVID-19 vaccine is pictured at a vaccination site in Vancouver Thursday, March 11, 2021. THE CANADIAN PRESS/Jonathan Hayward
NACI advice to mix vaccines gets varied reaction from AstraZeneca double-dosers

NACI recommends an mRNA vaccine for all Canadians receiving a second dose of a COVID-19 vaccine

Bruce Springsteen performs at the 13th annual Stand Up For Heroes benefit concert in support of the Bob Woodruff Foundation in New York on Nov. 4, 2019. (Greg Allen/Invision/AP)
Canadians who got AstraZeneca shot can now see ‘Springsteen on Broadway’

B.C. mayor David Screech who received his second AstraZeneca dose last week can now attend the show

Most Read