2020 Operating and Capital Budget

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How a municipal budget works

Provincial legislation requires us to have a balanced budget. This means money coming in (revenue) equals money coming out (expenses). The balanced budget needs to be approved by Council annually.

We provide over 100 services to High River residents, so Council and Town administration together always have to make tough decision to ensure this balance takes place. The wants and needs of the community are also weighed into this decision to see what is possible to do within the resources available.

There are three main components of a budget: Operating, Capital and Utilities.

Operating pays for all of the day-to-day activities needed to provide services to the community. Things like staff salaries, wages and benefits, electricity and gas for Town facilities, supplies, fuel, and insurance are included in the operating budget.

Capital focuses on building and maintaining Town facilities and infrastructure, and utilities are services such as water, waste water, storm water, waste and recycling and environmental services. Utilities are provided to High River residents and businesses by the Town and are billed bi-monthly.

Our revenue comes from a number of different sources:

  • Property Taxes
  • Sales and User Fees
  • Grants
  • Other

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2020 Approved Budget Charts

Our expenses include:

  • Wages (45%)
  • Contracted Services (22%)
  • Transfer to Reserves (11%)
  • Telephone and Utilities (5%)
  • Debt Repayment (4%)
  • Supplies (4%)
  • Community Groups (4%)
  • Insurance (2%)
  • Other (3%)

Our expenses make up the 2020 operating budget.

Total: $32.8 million

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2020 Approved Budget Charts


2020 Approved New Initiatives

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2020 Approved Budget Charts

Capital Budget Summary

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2020 Approved Budget Charts

 

 

 

2020 Approved Capital Budget Breakdown and Funding

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2020 Approved Budget Charts