City council settles 2019 budget; votes for 3.9 per cent property tax increase
Prince Albert City Council has wrapped up deliberations over the 2019 city budget, settling on a 3.9 per cent property tax increase that will also see more money put into a rainy day fund for future expenses.It will be officially approved by vote later.
Local councillors finished two days of budget deliberations late Thursday afternoon, looking at the cost of everything from policing and fire to museum, arena and parks funding. Councillors opted to stick with the proposed property tax hike of 3.9 per cent – rather than a slightly lower amount – and move more than $100,000 into a fiscal stabilization fund.
Mayor Greg Dionne said the leftover cash will help offset any unforeseen expenses before the budget numbers are finalized. The City is also planning for carbon taxes next year, which have been estimated at around $132,000, he noted.
“When you have a budget of a $100 million, you’re not going to be totally accurate. Sometimes you’re out a little, and some of the unknowns of course is the carbon tax.”