The Town of Olds strives to engage citizens when planning the future of our community. To help us understand your priorities on various municipal services we invite you to use this interactive budget simulator.
The Town’s 2018 operating budget is approximately 28 million dollars which is primarily funded through municipal taxes, users fees and grants. Municipal taxes make up approximately $13.3 million of the total operating budget which is used to deliver efficient and affordable services for its ratepayers. The 2018 capital budget is approximately $15 million and is used to renew and invest in core infrastructure. Water, Wastewater and Solid Waste Collection services are not supported by taxes. This includes Curbside Rollout Services, as well as Water and Sanitary Sewer Services which are fully funded through utility rates.
For every tax dollar collected, 68 cents of your total property tax bill is paid to the Town of Olds to support local municipal services and 32 cents of the property taxes are remitted to the provincial government to fund education and seniors housing.
The focus of the Citizen Budget tool is on municipal services offered by the Town of Olds which are supported through the municipal portion of your property taxes.
We invite you to use the interactive tool to tell us how you would balance the town’s operating budget.
Below is a list of operating service areas the town provides to our community and the 2018 funding amounts. Would you maintain, increase or decrease funding? Your challenge is to balance the operating budget. As you add and take away funds, you must adjust funds in other service areas to balance your budget.
As you choose your service levels, tell us what changes you would make to specific programs and services. The results of this survey will be reviewed by Administration and Town Council to guide budget deliberations and to assist with future planning. The survey is open until September 14th, 2018 and results will be available at www.olds.ca
THIS AFFECTS YOU and we sincerely appreciate and thank you for participating!