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Provincial legislation states that municipalities must produce a balanced budget. The City collects the amount of tax required to balance the budget after all other revenue sources are considered.
The Operating Budget sets the revenue and spending levels for services and programs that Edmontonians depend on, such as police, fire rescue, lifeguards, transit drivers, park maintenance, snow clearing, pothole repair, librarians and recreation staff.
City Council approved the 2016-2018 Approved Operating Budget Overview on December 3, 2015 with a 3.4% general property tax increase in both 2016 and 2017 and an increase of 4.8% in 2018. Since then, City Council has amended the Operating Budget as follows:
April 19, 2016 - Spring 2016 Supplemental Operating Budget Adjustment - adjusted the 2016 tax rate increase to 2.8%
December 13, 2016 - Fall 2016 Supplemental Operating Budget Adjustment
April 11, 2017 - Spring 2017 Supplemental Operating Budget Adjustment - adjusted the 2017 tax rate increase to 2.8%
More information on the current approved 2018 Budget.
For more information, please visit the Council Meetings and Minutes website for the Council Reports, attachments and Council Approvals.