City Council approved the 2014 Operating Budget on December 5, 2013.
The operating budget sets the revenue and spending levels for all civic services and programs that Edmontonians depend on, such as police, fire rescue, lifeguards, transit drivers, parks maintenance, snow clearing, pothole repair, librarians, and recreation centre staff. By law, municipalities are not allowed to budget for a deficit and the City does not plan surpluses. The City collects the amount of tax required to balance the budget after all other revenue sources are considered.
The approved 2014 Operating Budget results in a 4.92% property tax increase - 3.42% increase for all civic operations, boards and commissions including funding operations of a number of new facilities and enhanced services, and an additional 1.5% tax dedicated to continuing to build the Neighbourhood Renewal Program.
For a typical Edmonton home valued at $364,000 the approved budget results in an average increase of $95 or $7.92 per month for homeowners on the monthly payment plan. The total municipal property tax for a typical household amounts to about $2,020 per year, and delivers the range of civic services residents have come to expect.
The approved 4.92% tax increase is the average across all tax classes – residential and non-residential. The final tax rate will be set in the spring of 2014 after the province announces the education tax portion of property taxes.
The approved budget of almost $2 billion maintains the services, programs and infrastructure that support 836,000 people within our growing city.
The Executive Summary of the 2014 Operating Budget summarizes costs, distribution of taxes and strategies for balancing the budget.
Overview and Highlights
2014 Approved Operating Budget Overview
Community Services
Community Services Department Overview
Community & Recreation Facilities
Community Strategies and Development
Corporate Expenditures & Revenues
Corporate Services
Financial Services & Utilities
Financial Services & Utilities Department Overview
Mayor and Councillor Offices
Office of the City Auditor
Office of the City Manager
Sustainable Development
Sustainable Development Department Overview
Housing and Economic Sustainability
Transportation Services
Transportation Services Department Overview