The Town of Blackfalds is anticipating a 1.5 per cent tax increase following their December 8th council meeting. At council, the 2021 operating budget of $28,579,080 was approved. 

The process of approving the 2021 budget began in the fall and after much discussions and review the budget was approved. 

“The approval of the budget was the conclusion of a process that lasted several months, during which all Councillors had the opportunity to provide input and bring forward changes that they would like to see incorporated,” added Mayor Richard Poole. “Last night’s presentation provided an accurate summary of this process and I feel Council made the correct and responsible choice by passing this budget.”

At a 1.5 per cent tax increase, a house valued at $286,000 will see an increase of $35 per year or $2.91 per month. However, the rate increase is not yet set in stone. Blackfalds Town Council can still adjust the rate increase before they approve of the tax rate bylaw. 

“Administration is very pleased to balance the 2021 Operating Budget with a minimal increase in property taxes,” said Director of Corporate Services Justin de Bresser. “We will be monitoring the current economic conditions with the intent of bringing the budget back to Council in the spring; this will enable the Elected Officials to provide further feedback ahead of the approval of the Property Tax Rate Bylaw.”