Leduc County council approves 2014 interim budget

December 12, 2013 – Leduc County council approved the 2014 interim municipal operating and capital budgets yesterday afternoon, following a series of budget meetings commencing Nov. 27.

The interim municipal operating budget from municipal tax dollars is set at $41.94 million, with the interim municipal capital budget from municipal tax dollars set at $8.44 million.

Council took into account the current economic climate and the requirement to maintain the current level of services offered to residents and business owners and approved a municipal budget increase of 3.56 per cent, but directed administration to reduce this increase to 3.0 per cent by May 2014.

The passing of the interim budget allows most projects to proceed before the 2014 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 2014 tax rates.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: