The Town of Bonnyville finished 2025 with a 2,073.76 deficit, significantly lower than the originally projected.
During the discussion on reserve transfers, the administration confirmed that earlier estimates had projected a shortfall of over $700,000.
“So we came in better than expected, but still ran a deficit last year,” a councillor summarized.
Administration outlined several contributing factors:
▪ Transfer station revenue decreased
▪ Class 3 revenue was lower than anticipated
▪ Building permit revenue declined
▪ RCMP contract costs increased
▪ Water purchase costs increased due to higher consumption
“The purchase of water from the commission… that is due to a consumption increase that was more than expected year-over-year,” administration explained.
Some revenues did exceed budget expectations, and cost efficiencies helped reduce the overall deficit.
Council approved the necessary transfers to and from reserves to balance the 2025 operating and capital accounts. Those adjustments will be reflected in the year-end financial statements.
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Town Closes 2025 With $182,000 Deficit — Far Lower Than Projected
The Town of Bonnyville finished 2025 with a 2,073.76 deficit, significantly lower than the originally projected.
During the discussion on reserve transfers, the administration confirmed that earlier estimates had projected a shortfall of over $700,000.
“So we came in better than expected, but still ran a deficit last year,” a councillor summarized.
Administration outlined several contributing factors:
▪ Transfer station revenue decreased
▪ Class 3 revenue was lower than anticipated
▪ Building permit revenue declined
▪ RCMP contract costs increased
▪ Water purchase costs increased due to higher consumption
“The purchase of water from the commission… that is due to a consumption increase that was more than expected year-over-year,” administration explained.
Some revenues did exceed budget expectations, and cost efficiencies helped reduce the overall deficit.
Council approved the necessary transfers to and from reserves to balance the 2025 operating and capital accounts. Those adjustments will be reflected in the year-end financial statements.
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