Sylvan Lake council passes 2019 budget

Sylvan Lake council passes 2019 budget

Tax rate increase of 2.74 per cent set for this year

Sylvan Lake residents will experience a 2.74 per cent municipal tax increase this year.

Town council passed its $36.5-million operating and $13.2-million capital budgets, along with a three-year financial plan, earlier this week.

“Core infrastructure, sustainability and enhanced municipal service delivery are our priorities,” says Mayor Sean McIntyre in a statement.

The operating budget includes a number of initiatives, including expanded online services, improved pedestrian safety and park and trail upgrades.

On the economic development front, a tourism impact assessment is planned, along with other ongoing investment attraction initiatives.

The capital budget includes a new water well and connection, major road upgrades and funding for the future Pogadl Park. A new water reservoir and pump house are also included in a major ongoing project to ensure the town’s future water needs are met.

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