Council Clips – December 14, 2021
Council held a special meeting to deliberate and approve the 2022 operating and capital budgets.
2022 Budget
The Finance Committee began budget discussions on Nov. 4, 2021 and over the course of five public meetings, the committee considered the draft budget and made recommendations for adjustments. Today Council approved a 5.1% budgeted new municipal tax increase, net of growth, for 2022. For more information about the budget and business plan visit Budget & Financial Information
Utility Rate Amendments
Council also approved changes to utility rates for 2022. Water and sewer rates for residential accounts will increase by $10.67 per year (1.7%) based on 15 cubic meters of water consumption per residence per month; and commercial accounts will increase between 1.2% - 2.0%. Recycling and waste fees will decrease by 0.25% for residential accounts and stay the same for commercial accounts. For more information about utilities visit Utilities
Borrowing
Council gave first reading to two bylaws intended to approve the borrowing of funds for the following:
- $7M towards the construction of the new fire station
- $136K to increase funding for the water main connection upgrade on Old Canmore Road
To learn more about the bylaws including how to submit a petition visit Bylaws Pending Approval
