Council passes 2020 Operating Budget with highlights on Poverty Reduction, Summer Events and Youth | Dinosaurvalley.com
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Council passes 2020 Operating Budget with highlights on Poverty Reduction, Summer Events and Youth


FOR IMMEDIATE RELEASE

 

​ February 4th 2020

 On Monday February 3rd Council approved the 2020 tax supported operating budget. The approved budget supports new initiatives and key priorities identified by Council and Administration while demonstrating continued fiscal responsibility. The operational budget includes a 2% increase in the municipal portion of property tax.

Administration initially presented Council with a $199,000 deficit budget that would have been financed by taking money from reserves, but instead, after Council's direction, came back with a balanced budget.

"These are challenging economic times for Alberta however Council were determined to keep the property tax increase as low as possible. We want to thank administration as they have continued to manage the budget. We feel this budget offers the best options to provide the highest levels of service possible to the residents of Drumheller," explained Deputy Mayor Tom Zariski. "This rate would mean an approximate additional yearly cost of $28.40 for a house that was assessed at $200,000 last year; which equates to $2.40 per month."

"I am proud of our administration finding efficiencies in our operations and budget so that we can maintain existing services in our community while funding Council's priorities that are outlined in the 2020 Strategic Plan." stated Darryl Drohomerski, CAO. 

NOTES

Highlights of the budget include:

•Reductions and cuts made by higher orders of Government (GOA) (grants and revenue sharing programs)

•Pilot projects for Youth Centre/Programming and Poverty Reduction

•A continued and expanded community events program with the engagement of a full-time coordinator and enhanced events budget

•An increased provision for the communications strategy and community

engagement

•Continued and enhanced funding for economic development and downtown

revitalization

•Continuation of hoodoos parking pilot

•Continuation of funding provision for the Community Assistance program

Each year as Administration and Council work to develop and refine the budget, the goals are to:

•minimize the year over year financial impact to ratepayers

•maintain previously established levels of service that meets or exceeds the expectations of ratepayers, regulators and other stakeholders

•maintain a standard of repair and upkeep in order to safeguard assets and ensure their full life cycle is realized wherever possible and

•review current strategic plans and new initiatives that Council has identified and have deemed a high priority for the Town.


For more Information Contact:

Julia Fielding

Communications Officer

403 823 1320

jfielding@drumheller.ca


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