Leduc County Council approves 2017 interim budget

Leduc County council approved a zero per-cent tax dollar budget increase for the 2017 interim budget on Wednesday, Dec. 7.

The interim municipal operating budget from municipal tax dollars is set at $38.5 million, with the interim municipal capital budget from municipal tax dollars set at $5.3 million. These figures represent a zero per-cent tax dollar budget increase over the final 2016 budget.

“Leduc County’s administration did a fantastic job with the 2017 interim budget. They met Council’s expectations and kept the budget at a zero per-cent increase,” says Mayor John Whaley. “With the state of the economy and the hardships that many are facing in the region, it’s imperative that we offer what support we can; keeping our tax rates consistent will help provide this support.”

The passing of the interim budget allows projects to proceed before the 2017 budget is given final approval and tax rates are set in early May. Notices will be mailed to all ratepayers in May after council sets the 2017 tax rates.

Included in the tax notices will be the Government of Alberta’s education property tax rate, which Leduc County is required to collect on behalf of the province to fund schools across the province; Leduc County has no input or control over the education tax rates. In 2016, the education property tax accounted for more than 30 per cent of property taxes collected by Leduc County.