Budgets

BUDGETS

2023 Operating and Capital Budget

The Town released its Proposed 2023 Operating Budget and Five Year Capital Plan at its October 24, 2022 Council meeting.

 2023 Proposed Operating and Capital Budget

The proposed budget will receive Council discussions and deliberations over the next few months, with the tentative schedule being:

Monday, October 24, 2022 at 5:30pm
• Proposed Operating and Capital Budget released
• Distribute to stakeholders and public
• Overview of Proposed Operating and Capital Budget

Monday, November 14, 2022 at 3:30pm
• Public input
• Budget review and deliberations 

Monday, November 28, 2022 at 5:30pm
• Public input
• Budget review and deliberations

Monday, December 5, 2022 at 5:30pm
• Budget review and deliberations
• End of deliberations, staff prepare final budget

Monday, December 12, 2022 at 5:30pm
• Budget approval

The preparation of the 2023 budget was influenced by significant internal and external factors. Internally, the flooding and loss of the water pumphouse impacted the operations and attention of staff in 2022 and will continue to do so throughout 2023; however, the proposed budget returns to pre-COVID amounts. Externally, supply chain issues, inflation and foreign conflicts affect the 2023 budget just as they do our citizens and ratepayers.

In light of this, the proposed budget is very static compared to last year – staff are proposing that services generally remain the same and are only recommending very minor changes for the upcoming year. New budget requests are generally additional money to perform capital and infrastructure replacement projects.

Taxation, tax rate changes and utility rate changes will depend on the decisions of Council during deliberations.

Proposed Capital Projects

The proposed 2023 Capital Program includes 13 projects totaling $3.535 million. A summary listing of the projects can be found in the table below:

Project

Amount

Hardware Replenishment

20,000

Total Administration

20,000

Backhoe

190,000

Asphalt Maint. & Resurfacing Program

50,000

Total Transportation & Infrastructure

240,000

Cell Construction

475,000

Total Waste Management

475,000

Arena - Floor Scrubber

16,000

Pool - Insulation Upgrades

37,000

Parks Fleet Vehicles

50,000

Mower Replacement Program

15,000

Trees - Highway 583

5,000

Total Recreation and Facilities

123,000

WTP Residual Retention Pond

1,935,000

Pumphouse Replacement - Improvements

400,000

Watermain Replacement 1st St N/E

312,000

Sewer Outfall Drainage

30,000

Total Water and Sewer

2,677,000

Total Capital Program

3,535,000

Any questions on the proposed budget can be directed to any elected official or:

Greg Towne
Director of Finance
finance@threehills.ca
(403) 443-5822

or 

Ryan Leuzinger
Chief Administrative Officer
cao@threehills.ca
(403) 443-5822