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approval in the spring

Sylvan Lake passes capital budget; public can give feedback on operating budget

Dec 16, 2022 | 3:04 PM

The Town of Sylvan Lake is proposing a 5.51 per cent property tax increase for 2023, as part of its operating budget.

The budget is set to be approved over the coming months, while an interim operating budget worth $10 million is already in place.

The operating budget’s proposed tax hike is strictly the municipal portion, says Mayor Megan Hanson, and does not include provincial requisitions, such as for education. Those amounts are still to be determined, she adds.

“We have some great projects in the works, including a couple we just couldn’t hold off on anymore. We’re doing a commercial water main replacement which will give people more accurate numbers of their consumption. Additionally, we have a couple safety crosswalks going in, and we’re putting in a grant-writing position we hope will bring more money into the community,” Hanson says.

“We’re chasing inflation unfortunately and that’s still a higher dollar amount than what the proposed increase is. We’ve done the last two years at zero per cent, so now just to maintain our standard operating, we unfortunately do need to see this increase.”

Service levels will be maintained, she says, with, “nothing exceptionally new or big,” going on.

“We now pay 90 per cent of our policing costs too because we surpassed that 15,000 population mark,” she notes. “It’s a big cost to our residents without a change in service.”

The Town notes that since 2013, Sylvan’s property tax increase has been below that of the Consumer Price Index (CPI). The most recent CPI data out is for October 2022, sitting at 6.9 per cent nationally. Utility rates are also set to increase marginally.

All of this will be up for discussion at a public open house to be held Wednesday, Jan. 18 from 4-6 at the NexSource Centre.

Online budget feedback closes February 26, 2023, with final approval happening after that.

On the capital budget side, the biggest expenditure is $6.7 million for ongoing infrastructure upgrades at Pogadl Park.

The capital budget, which can be viewed in the Dec. 12 council agenda, was recently approved by town council.

Other capital highlights

50 Avenue – 50 Street to Westview Dr. – $2.5 million

Fire engine replacement – $1.3 million

North trunk – 46 Street to 50 Street – phase 1 utility services improvements – $1.4 million

Total: $17.958 million