Municipal District of Bonnyville Media Release Council passes 2024 budget with 2.21 percent increase
Budget includes construction of new Cherry Grove fire hall
At its Regular Meeting of Council today, Council approved the 2024 Operating Budget and 2024 Capital Plan.
In 2024, M.D. property owners can expect to see a 2.21 percent increase in the municipal portion of their tax bill.
“In a year where we’ve seen inflation for goods and services range anywhere from five to eight percent, we are considering this a modest increase to continue offering our ratepayers the high level of service they have come to expect,” said Reeve Barry Kalinski.
In its report, Administration explained the increase would equate to an increase of about $31.70 on an average residential tax bill.
Following four days of deliberation in November, the 2024 Operating Budget is set at just over $56.8 million, with the Capital Budget coming in at just over $16.3 million. The Capital Budget includes expenditures related to the Cherry Grove Fire Hall of $5.5 million and roads projects
totaling $4.45 million.
The 2024 tax rate will be passed in May after the M.D. has received the annual requisitions for school taxes, Lakeland Lodge and Housing, and the Greater North Foundation lodging.
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Municipal District of Bonnyville Media Release Council passes 2024 budget with 2.21 percent increase
Budget includes construction of new Cherry Grove fire hall
At its Regular Meeting of Council today, Council approved the 2024 Operating Budget and 2024 Capital Plan.
In 2024, M.D. property owners can expect to see a 2.21 percent increase in the municipal portion of their tax bill.
“In a year where we’ve seen inflation for goods and services range anywhere from five to eight percent, we are considering this a modest increase to continue offering our ratepayers the high level of service they have come to expect,” said Reeve Barry Kalinski.
In its report, Administration explained the increase would equate to an increase of about $31.70 on an average residential tax bill.
Following four days of deliberation in November, the 2024 Operating Budget is set at just over $56.8 million, with the Capital Budget coming in at just over $16.3 million. The Capital Budget includes expenditures related to the Cherry Grove Fire Hall of $5.5 million and roads projects
totaling $4.45 million.
The 2024 tax rate will be passed in May after the M.D. has received the annual requisitions for school taxes, Lakeland Lodge and Housing, and the Greater North Foundation lodging.
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news via inbox
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