2025 Budget

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2025 Budget engagement has concluded.

Update April 29, 2025: Council approved the 2025 Budget and property tax bylaw, including a 0% core municipal tax rate increase. 

The total residential tax rate increase is 0.44%* and the Total commercial tax rate increase is 0.26%, and includes the:

  • Core municipal tax rate
  • Transportation levy, and 
  • Recreation levy 

The Town is sending out combined assessment and taxation notices during the second week of May, two weeks early due to a possible Canada Post may strike at the end of May.

  • Payment must still be received by the deadlines if there is a postal strike 

Update April 29, 2025: Council approved the 2025 Budget and property tax bylaw, including a 0% core municipal tax rate increase. 

The total residential tax rate increase is 0.44%* and the Total commercial tax rate increase is 0.26%, and includes the:

  • Core municipal tax rate
  • Transportation levy, and 
  • Recreation levy 

The Town is sending out combined assessment and taxation notices during the second week of May, two weeks early due to a possible Canada Post may strike at the end of May.

  • Payment must still be received by the deadlines if there is a postal strike 

  • Property tax and assessment value appeal deadline: July 31, 2025  

Questions? 

  • 2025 property tax engagement is closed because the 2025 property tax bylaw is approved. You can send feedback about the 2025 Budget anytime here: sylvanlake.ca/contact  


Update March 31, 2025: The Town has received the final 2025 property assessments. Overall, they have increased by 8.5%. In the draft budget we estimated an increase of 3.0% plus estimated a 3.38% residential and commercial tax rate increase. Because of the difference, Council is considering 6 options to adjust the budget (page 103). Council is considering the options and will make a final decision in the April 14 Council Meeting to pass the final budget. View details in the news feed.

On December 9,Council approved the 2025 draft budget, including a 3.38% property tax increase for residential and non-residential properties. Council also approved a utility rate increase of 3.44%.


Participate

Consider yourself invited to the 2025 draft budget open house:

  • Come ask the Mayor, Council, and Town staff your budget and property tax questions
  • February 25, 2025, NexSource Centre, 4:00 PM - 7:00 PM
  • Can't make it?
  • We understand the open house can’t work for everyone
  • First, read the budget brochure and learn how budgeting works, check out the display boards for the open house, then ask your questions and give feedback here

Have your say


  • CLOSED: This survey has concluded.

    Resident priorities survey 2025

    235 responses

    Have your say before budget planning starts

    • We are asking for your feedback before staff begin preparing their budgets for 2024
    • Tell us what your priorities are by completing the resident priorities survey
    • The survey closes October 27, 2024, 11:59 PM
    • You must be registered and logged in to complete the survey
      • You only have to register once
      • To log in, click Sign In at the top right hand corner of the page

    What happens with your survey results

    1. We verify addresses
    2. Your name and address is removed  
    3. We compile verified survey responses and present results to Council and Administration in November 2024 
    4. The results become public as part of a Council Meeting Agenda

    2025 Budget engagement has concluded.
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