Lacombe County approves 2025 operating and capital budgets – CentralAlbertaOnline.com

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Lacombe County approves 2025 operating and capital budgets – CentralAlbertaOnline.com

Lacombe County Council approved the 2025 operating and capital budgets during the Nov. 29 meeting.  

For 2025, council’s focus was on continuing to deliver high levels of services to ratepayers while maintaining fiscal responsibility.  

“During our budget meetings, we have carefully considered the economic challenges and the needs of our community. This budget is a balanced approach to maintaining high service levels while planning for future growth,” said Reeve Barb Shepherd. “Our 2025 budget reflects our commitment to fiscal responsibility and our dedication to providing consistent, high-quality services to our residents. We are focused on ensuring that Lacombe County remains a vibrant and thriving community, meeting the expectations of our ratepayers.”  

2025 Operating Budget  

The $81.8 million operating budget ensures the continuation of existing service levels with key adjustments for inflation and strategic initiatives.   

Highlights include:  

  • A $154,240 increase to the recreation capital assistance reserve, ensuring future recreation projects with urban partners are supported.  

2025 Capital Budget  

The $28.6 million capital budget focuses on essential infrastructure improvements and asset management, representing a 23.91 per cent increase from 2024.   

Of the $28.6 million in capital spending in 2025, $14.51 million (50.75 per cent) is sourced through funds set aside in prior years through the capital replacement plans.   

Key investments include:  

  • Continued funding for bridge replacements and maintenance, recreation facilities, and equipment upgrades to meet community needs.  

“The 2025 budget reflects Council’s commitment to maintaining service levels and addressing the needs of our community,” said Michael Minchin, Director of Corporate Services. “Council voted to approve the capital and operating budgets for 2025, recognizing the challenges posed by inflation and ensuring that the County’s operations are managed efficiently.”  

    

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