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News and Updates

Posted on: February 21, 2019

Council Passes 2019 Budget

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At the February 19th meeting of Council, Council passed the 2019 Operating and Capital Budget. 

OPERATING BUDGET: 

The operating budget covers the daily expenses of delivering municipal services, such as fire protection, snow removal, park maintenance, RCMP, and library services to name a few. Operation is supported by taxes and commercial revenue such as the lease for the provincial government building.   Utilities and cemeteries are funded separately through their fees.

When crafting the 2019 Operating Budget, Administration and Council kept in mind the Vision of Slave Lake. 

“Slave Lake is committed to building opportunities by growing business, industry and population, while promoting ourselves and our exceptional quality of life.”

The proposed 2019 Budget reflects the cost of maintaining Slave Lake’s core services, programs and infrastructure that citizens rely on every day, as well as new initiatives and improvements to current programs that will advance Council’s strategic vision.

CAPITAL BUDGET: 

The capital budget covers constructing new assets and rebuilding assets. These assets include roads, water and sewer, equipment, and town facilities.

Town Council and Administration look carefully at the Capital requirements and pick the most critical ones each year.      

Selection depends on how critical they are and also if alternative funding is available.  2019 is largely a year of completion for two major projects (Raw Water Line and Sewage Treatment) and upgrading aging infrastructure.  

It is a top priority to provide residents with reliable and excellent water and sewer.  We have done road rebuild work every year since 2011 and have taken a year off to restore our road building reserves.

View the Budget Highlights Here
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