At the Regular Council Meeting on December 6, 2021, Council approved the 2022 Budget as presented with amendments. These amendments allowed for adjustments due to cost increases in the second year of this 2-year budget.

2022 Budget Highlights

  • Major variances to the original budget include the increased cost of the Wastewater Treatment Plant and related debt servicing costs, estimated increase in franchise fee revenue, and the anticipated impacts of inflation.
  • The Amended 2021 and 2022 Capital Budget has total projected costs of $15,153,446 and $46,179,338 and retains the original budgeted increase to Electricity Franchise Fees from 14% to 15% to offset the decreased provincial infrastructure funding. The increase in Electricity Franchise Fees will be effective April 1, 2022.
  • The Amended 2021 and 2022 Budget includes an increase to Wastewater rates of 5% (originally budgeted at 1%) and Water rates of 3% (originally at 1%). The Amended 2021 and 2022 Budget maintains the 0% property tax increase originally approved for 2022.

Current and historic budget and financial documents are available below. If you have any questions about these documents, please contact us at 780.672.4426 or at 

Operating Budget

Operating budgets cover the City's day-to-day operations. Some examples would be snow removal, parks, libraries, and building maintenance.

Capital Budget

Capital budgets cover larger assets and municipal projects. Some examples would be a new building roof, road repairs, replacement vehicles and computer equipment.

Audited Financial Statements

Below you will find the last audited financial statements available to the public. Included is the previous year's budget and the budget for the current year. Contact us if you would like a copy of previous reports.


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