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Small Tax Rate Increase For Sylvan Lakers Next Year


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By Sheldon Spackman

Council for the Town of Sylvan Lake has adopted it’s Operating and Capital Budgets for 2017 and it includes a small tax rate increase for both residential and non-residential properties. The tax rate increase approved with the budgets is 0.2 percent.

In a release, officials say the 2017 budget focuses on the essentials, namely costs associated with the opening of the NexSource Recreation Centre and necessary infrastructure projects identified in the 2015 Infrastructure Study. Economic Development initiatives are also planed to enhance business development and attraction of new businesses to the community, which in turn minimizes negative impacts on the local economy.

Officials point out that new initiatives and operating projects have also been reduced or postponed, while the Capital Budget has been reduced by $3.7 million in 2017 to 11.7 million. New initiatives not included in the 2017-2019 budget total over $1.6 million. The approved Operating Budget for next year comes in at $37.4 million.

Water and sewer flat rate increases are also included in the budget, which are necessary to
fund the Town’s aging infrastructure through a long-term replacement program. Utility rate increases include:

Water flat rate $7.00/month
Sewer flat rate $3.00/month
Sewer collection rate $0.55/m3

Town officials say this translates to a monthly utility bill increase of $21 for an average property in Sylvan Lake next year.

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RCMP say Scott’s remains were found “days ago,” but couldn’t say exactly when and where they were located. 

More coming.

The Canadian Press

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