Budget Debt Payments

2025 New Debt Borrowing:

Budget Capital Plan

Hats off to our amazing community members for participating in the first steps of the 2025 budget process! The results of the engagements are now available in the Important Documents section of this project, or click the links below.

Budgeting is underway

• Council received the draft 2025 budget presentation from staff (administration)
• Council and staff are now beginning to work on the budget

What’s next?

• Once Council approves a draft budget, we post the budget brochure here
• The brochure summarizes the budget and is usually released in January
• Budget Open house: Come ask Council and staff your budget questions! January 29, 2025. Details are TBD and will be posted on engage.sylvanlake.ca
• Ask questions about the 2025 Budget anytime in the Ask & Answered

Engagement Results

• We had many Lakers attend the Budget Chat with Council on September 5. The results are here
• 235 Lakers filled out the Resident Priorities 2025 Budget Survey. The results are here

Thanks again to everyone who participated, and please share this with your friends and family.

Sincerely,
The Town of Sylvan Lake Administration (Staff)

Results: Budget Chat with Council

Results: Residents Priorities Survey

Return to the 2025 Budget home page.

Just as the Town is responsible for managing tax dollars carefully, residents are responsible for taking part in municipal processes. We create a healthier community when both sides participate.

What is the process?

• Survey results give staff and Council a clearer picture of what Lakers want in the 2025 budget
• The survey closes on October 27, 2024 at 11:59 PM

Why do we need more than just a few Lakers to help?

• The less people submit a survey, the harder it is for us to know if that's what the majority of Lakers want

What's in the survey?

By completing the survey, residents get the chance to:

• Prioritize municipal services and amenities
• Tell us their preferred tax strategy
• Tell us what services they would increase or cut, based on their chosen tax strategy
• Submit ideas for cost-free revenue generation
• Tell us how each department is doing
• Tell us about your customer service experience with the Town
• Give general feedback

Take the survey now!

Return to the 2025 Budget home page.

We are making changes! It's getting tougher out there financially and we are striving to do more with less. That process comes with some tough decision making, and we need your help.

1. Have your say before budget planning starts

• We are asking for your feedback before staff begin preparing their budgets for 2025
• Tell us what your priorities are by completing the resident priorities survey
• Join Council at the Info Night Fun Fest September 5 to and tell us what you'd keep or kick to balance the budget

2. Building the 2025 draft budget (Town staff)

• Survey results give staff and Council a clearer picture of what Lakers want in the 2025 budget
• Staff and Council use the survey results to help plan and budget
• Staff from each division and department prepare their changes: increases, decreases, savings, new projects, and staffing requests
• Staff take this information and compile a document outlining the budget and changes

3. 2025 Draft budget deliberations (Town staff)

• Directors, managers, and staff from each department present their draft budget requests and information to Council
• Council asks questions, requests changes, and works with staff to ensure resident priorities are heard
• Council approves a draft budget

4. Have your say about the 2025 draft budget

• Come to the draft budget open house to give your feedback on the draft budget
• Read the 2025 Draft Budget brochure
• After reviewing the brochure, tell us what you think of the 2025 draft budget by leaving a question in the budget Ask & Answered
• All residential homes are sent a postcard with budget highlights. Contact us if you do not receive one

Return to the 2025 Budget home page.