Budget Basics

Leduc’s budget is our plan for how money will be collected and spent over the next three years to support the programs, services, and infrastructure our community needs.

Each year, we review and approve the budget with a focus on both short-term and long-term goals. The operating budget looks three years ahead, while the capital budget looks ahead ten years. This helps the City provide steady services and prepare for future growth by planning and saving for big projects.

Since community needs and financial situations can change, we review and adjust the budget every year based on new needs, unexpected economic shifts, or changes in funding from the province or federal government.

Operating Budget

The operating budget covers the cost of services and programs for Leduc's residents and businesses. This includes things like social services, water and sewer, snow removal, fire and emergency services, waste collection, and recreation facilities.

The budget has two parts: fixed spending (the essential costs to run the City) and variable spending (costs that can change depending on services, like snow removal).

By law, under Alberta's Municipal Government Act (MGA), the City can't plan for a deficit. This means we must bring in enough money to cover all our expenses each year. The operating budget is paid for by property taxes, provincial and federal grants, user fees and drawing from the City's operating reserves. 

Capital Budget

The capital budget covers the cost of maintaining and improving city buildings, parks, roads, and recreation spaces. Some projects are big and take a few years to finish, so the costs are spread out over time.

The City’s capital projects are paid through developer contributions, provincial and federal grants, tax-supported debt and drawing from the City's capital reserves.

Tax Dollars at Work

Source: the City’s 2023 Annual Report