2019 Budget one of the toughest in awhile for Leduc

Mayor Young says the slow economy has made next year's budget one of the toughest in years

Budget deliberations for next year in Leduc are in the books.

Last week the city discussed putting in $6 million to improve Black Gold Drive this year and is also hoping to get provincial funding for the 65th Avenue overpass and also improve 43a Avenue and they're hoping to have more parking at the Rec Centre.

They're also hopeful they can get provincial funding for construction on the 65 Avenue overpass

They are forecasting a tax revenue increase of 2.89% next year, 4.45% in 2020 and 5.05% in 2021.

Young tells The One News that 2019 is probably one of the toughest budget's they've had to deal with.

"We haven't had the non-residential growth that we would have hoped for so it was tough, but I'm happy, we ended up with a 2.89% tax increase and there's still an opportunity if our growth is greater than what we expect, there's still an opportunity to even take that a little bit lower" says Young.

Young says the tax increases could be lower noting they've never hit the projected 2nd and third-year increases in his 15 years of budget deliberations.

The 2019 budget will be brought back to council for their meeting on December 3.  (JSL/THE ONE NEWS)

 

 

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