Rocky View County Council approved the 2024 Operating and Capital Base Budget on November 29, 2023.
According to a press release on Nov. 30, this budget is a result of a comprehensive public engagement process and extensive council deliberations focused on addressing inflationary pressures and growth within the County.
This year’s budget incorporates a three per cent tax increase and is expected to exclusively address the effects of inflation and growth in the County. It is designed to ensure the continuation of quality services without significant impacts on residents.
Key highlights of the 2024 Capital Base Budget include:
- Investment in Fire Services equipment, ensuring the safety and preparedness of the County.
- Development of Recreation Parks & Community Support facilities, with specific plans for Langdon and South Springbank community facilities.
- Infrastructure improvements at Blueridge Estates through the Lasso Trail Parking Lot project.
- Construction of a vital regional pathway connecting Balsam Ave and West Bragg Creek Trail, enhancing transportation and recreational access for residents.
During Council's deliberations, a strong emphasis was placed on ensuring a fair and equitable budget.This was achieved through meticulous analysis and consideration of various factors impacting the County's financial and operational sustainability, according to the release.
In response to the budget approval, Mayor Crystal Kissel stated, "Each year, the annual budget identifies priorities, goals and initiatives that ensure the County is investing to serve the needs of our residents. As you will notice the 2024 budget has a different look and feel as we move away from not just the financial figures but are now including services levels. As a rate payer this will help you to better understand where your tax dollars are being spent. I can proudly say this is the first time that Council has been presented and approved the annual budget this early in the fall, and I would like to thank Administration for making that happen. After much discussion, I believe that Council and Administration have delivered a well thought out budget, I have confidence it aligns with Councils Strategic Plan and shows our commitment to continue investing in our communities."
Council will review and approve a final 2024 budget in the spring.
Once this occurs, tax rates are set, and assessment notices are mailed.
Residents can visit the Rocky View County website to learn more about their property taxes and contact Rocky View County to obtain information specific to their assessment and tax bill.
More coverage to follow.
