• Town Council

Operating Budget

Town Council has approved the $54 million 2017 Operating Budget, The 2017 budget will include a 1.7% municipal tax increase, meaning the owner of a typical home will pay approximately $38 per year ($3.16 per month) more in municipal taxes in the coming year.

The Town experienced a 1.4% decrease to the total taxable assessment base due to poor economic conditions throughout Alberta.  Business license activity remains strong and is anticipated to grow by 2% in 2017.

The 2017 budget maintains current service levels including some growth of additional roads and pathways, new playfields and streetlights, increased use of recreation facilities, increased residential and commercial customers, along with extraordinary inflationary pressures in new facility operating costs, utilities and protective services. 

Current water and sewer rates will increase 4% ($6.65/bi-monthly bill or $40/year) to ensure continued cost recovery and for future utility infrastructure enhancements and upgrades.

Councillor Ken Heemeryck, Finance & Budget Chair, stated, “The F&B Committee has recommended a fiscally responsible budget that maintains service levels and investments in infrastructure.  We have also put aside $5.2M into savings for future needs.”

For more information, contact:        
Councillor Ken Heemeryck                                       
Finance and Budget Committee Chairman                
Town of Okotoks                                                         
Phone: 403-512-6985                                              

Rolland Russell, CPA
Finance and Systems Director
Town of Okotoks
403-938-8909

Highlights of the operating budget include the following service enhancements:

Highlights of the operating budget include the following service enhancements:

  • Operation of Champion Park in conjunction with the MD of Foothills
  • Expansion of the Water Spray Park that will double the number of water features and include on-site public washrooms.
  • Preparation for the opening of an expanded Pason Centennial Arena for public in January 2018
  • Clearing of public transit stops of snow and ice
  • Year-round road and road right-of-way maintenance in annexed areas
  • Maintain support for those in need, including increased grants to community non-profit agencies, adult and youth community development initiatives and continued provision of wheelchair accessible transportation for seniors and persons with disabilities through the Town’s subsidized taxi transportation program.
  • Major operating projects total $1.6 million for lifecycle maintenance and infrastructure replacements.
Highlights of the $14.8 million capital budget include the following major projects:

Highlights of the $45.1 million capital budget include the following major projects:

  • Water and wastewater improvements including a regional water pipeline
  • Phase 2 of the Veterans Way pedestrian corridor (formerly Centre Ave).
  • Cimarron Boulevard/Dr. Signals
  • Equipment and fleet replacements
  • Additional lands for cemetery
  • Inclusive playground
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