Leduc Budget 2021 focusses on supporting the community

Monday, November 30, 2020

Adjusting to the impacts of the COVID-19 global pandemic by reducing expenses, while maintaining service levels and existing infrastructure were the focus of this year’s budget. This evening, Leduc City Council passed the 2021 – 2023 budget setting no municipal property tax increase for the spring.

“Nothing about 2020 has been easy, however city administration rose to meet our expectations to help us better support our citizens and community during this difficult time,” says Leduc Mayor Bob Young. “All efforts focused on what is best for this community, from supporting economic development to maintaining current fee structures in areas like recreation. We’re doing what we can, where we can to support our citizens.”

Key points arising from the 2021 budget:

  • $100 million operational budget
  • $23.8 million capital budget
  • Transfer reduction to city reserves
  • No increase to municipal property tax in 2021; 1 per cent in 2022; and 3.26 per cent in 2023
  • Increased support for community groups
  • Continued focus on economic development
  • Permanent support to help preserve Leduc’s heritage

The most notable change to this year’s budget would include the transfer reduction to city reserves.

“We saw this as a temporary, short-term solution to help reduce the financial impact on citizens,” says Carmen Dragan-Sima, acting director of Finance with the City of Leduc. “By operating leaner, it has afforded us the ability to meet Leduc City Council’s target of a zero per cent property tax increase as we move into 2021.”

With the focus on maintaining current infrastructure and deferring growth projects, all initiatives relating to city infrastructure were more clearly defined based on what is mandatory and critical, necessary and desirable. For a list of the 2021 Capital Plan projects, click HERE.

For more information, please click HERE or call 780-980-7177.

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Leduc is a growing, dynamic city in the heart of Canada’s economic engine and conveniently located at the crossroads of air, highway and rail transportation. Leduc is a centre of innovation, entrepreneurship and quality of life. As a regional leader, the city, together with neighbouring municipalities, play a key role in protecting the integrity of Edmonton International Airport (EIA) and leading economic development in the region, including EIA Airport City. For information on non-emergency city services and programs, visit www.leduc.ca or follow us on Facebook.com/cityofleduc, Twitter (@cityofleduc) and Instagram (@thecityofleduc)

MEDIA CONTACT:
Mariann Tobin, Corporate Communications Officer
780–980–7171
mtobin@leduc.ca