2024 Budgeting Complete

Budgeting is complete for the 2024 budget

• View the budget 2024 budget engagement page

• The 2024 budget determines your 2024 property taxes

• September 7, 2023: Info Night Fun Fest - Chat with Council

  • Thank you to all Lakers who participated!

  • View the Resident Priorities open house display boards

  • View the Resident Priorities survey results here

• November 2023: Council deliberations started mid November 2023, and are complete
• December 11, 2023: Council approved the 2024 draft budget
  • Council approved a 5.38% tax rate increase for both residential and non-residential properties
  • See page 22 of the agenda from that Council meeting
  • 2024 Draft Budget brochureYou can read online or pick up a copy at the town hall
  • 2024 draft budget highlights postcardIn early January, all residential homes in Sylvan Lake receive a 2024 draft budget postcard in the mail. Contact us if you did not get one

• January 31, 2024: Budget open house

  • The 2024 budget open house was held on January 31, 2024
  • Thank you to all residents that attended

• April 8, 2024: At the April 8 Council meeting council approved:

  • First reading of the 2024 Property Tax Bylaw 1895—2024

  • The 2024 Operating Budget of $67,563,087

  • Report AIR-912, amending the 2024 Budget, updating the Operating and Capital projects to include carryovers from prior years
• Visit the ask and answered section, we are waiting to answer your questions

2024 Financial Statements

• Each year, our complete financial statements are released online
• These statements take a significant amount of time to prepare, and are usually available in late spring the following year
• When ready, the 2024 Financial Statements are posted here