2026 Budget

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Participate

Consider yourself invited to the 2026 draft budget open house:

  • Come ask the Mayor, Council, and Town staff your budget and property tax questions
  • March 25, 2026, NexSource Centre, 4:00 PM - 7:00 PM

2026 budget planning is underway. You can have your say here:

We'll post updates here. If you haven't already, please create an account so you don't miss notifications.

Participate

Consider yourself invited to the 2026 draft budget open house:

  • Come ask the Mayor, Council, and Town staff your budget and property tax questions
  • March 25, 2026, NexSource Centre, 4:00 PM - 7:00 PM

2026 budget planning is underway. You can have your say here:

We'll post updates here. If you haven't already, please create an account so you don't miss notifications.

  • 2026 Capital Budget Passed

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    Council approved the 2026 capital budget at the December 9, 2025 Regular Meeting. Section 242 of the Municipal Government Act requires a municipality to adopt a capital budget for each calendar year prior to January 1 of each year. Deliberation of the 2026 capital budget and 10-year capital plan by Council took place on November 18, 2025 and December 2, 2025


    What you need to know

    The Capital budget for the Town of Sylvan Lake in 2026 is $20,835,200. Capital project highlights include:


    Vehicle fleet replacements

    • Emergency services (Fire, Municipal Enforcement)

    • Public works (beach tractor, town trucks)


    Utility upgrades to Town infrastructure

    • Lagoon reclamation

    • Water main connections to Beacon Hill

    • Additional supply wells and water mains


    Parks Development and Upgrades

    • Pogadl Park Development, including:

    • Synthetic turf field (football/soccer use)

    • Pickleball courts

    • Parking lot and entrance road paving

    • Ball diamond upgrades

    • Centennial Park Washroom upgrades (additional stalls, upgraded for year-round use)

    • Cemetery signage and beautification

    • Skate Park maintenance

    • Trail wayfinding signage


    Recreation Enhancements

    • Fitness equipment replacement at NexSource Centre

    • Culture & Art projects (Art & Mural installations)


    Infrastructure Upgrades

    • 50 Street to 48 Avenue & 50 Avenue realignment

    • Memorial Trail to 60 Street

    • Final Development of Herder Drive

    • Street Rehabilitation program

    • Wildrose neighbourhood

    • Asphalt removal

    • Curb and sidewalk repair

    • Roadway structure repair

  • How Budgeting Works

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    Work is underway! Council is working hard to put together a budget for 2026. Here's a very basic rundown of the process:


    1. Have your say before budget is approved

    • We are asking for your feedback before budget is finalized
    • Provide direct feedback by completing the Laker Feedback survey
    • Thanks to everyone who joined Council at the Info Night Fun Fest in September to provide feedback


    2. Building the 2026 draft budget (Town staff)

    • 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
    • These budgets are prepared based on maintaining service levels for Lakers, aligning with Council's Strategic Plan, community feedback, and more.


    3. 2026 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


    Return to the 2026 Budget home page.

  • 2026 Draft Budget

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    Once the budgeting process starts, this page will include:

    • Budget Debt Borrowing and Payments
    • Budget Capital Plan
    • Financial Reporting


    Return to the 2026 Budget home page.

Page last updated: 19 Dec 2025, 02:26 PM