Making Sense of the 2021 Budget

Page 1

OF THE

MAKING SENSE

2021 BUDGET

BUDGET BASICS Every program and service in the County has an associated cost. Each year, Council makes financial decisions by distributing money for each of them in the Operating and Capital budgets. The total expenditure for 2021 is $170.8 million.

48%

OPERATING BUDGET $82 Million

OPERATING BUDGET: The County’s operating budget goes towards the day-to-day costs to keep everything running smoothly, including enforcement and fire services, parks and recreation facilities, road maintenance, including snow removal, and waste management.

52%

CAPITAL BUDGET $88.8 Million

CAPITAL BUDGET: The County’s capital budget funds major assets, including machinery and equipment, vehicles, buildings, and major road construction projects.

2,915.89 .00 2,915.89 .00 2,915.89

4.075

1,772.63

2.5838

READING YOUR PROPERTY TAX NOTICE Your property tax notice includes more than municipal taxes – it also includes taxes for education and seniors lodging. The Province of Alberta and the Grande Spirit Foundation determine the financial amount required and the County is required to collect and send these funds to each of them, respectively.

1,772.63

1,123.95

1,123.95

MUNICIPAL TAXES .0444

1,772.63

1,123.95

19.31

19.31

19.31

2,915.89

60.7%

County of Grande Prarie Used to fund the budget

EDUCATION TAX

38.6%

Province of Alberta Allocated towards education

SENIORS LODGING JUNE 30, 2021 2,915.89 JUNE 30, 2021 3,003.37

OCT 29, 2021 3,353.27

0.7%

Grande Spirit Foundation Allocated towards seniors housing


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