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2017 Interim Budget
Each year the Town of Drayton Valley prepares an Interim Budget that must be passed by December 31st. Passing an Interim Budget is part of Municipal Government Act (MGA) for municipalities in the Province of Alberta.
The MGA can be found HERE
2017 Capital Budget (Click Here)
2017 Operating Budget (Click Here)
2017 Fee Schedule (Click Here)* these rates go into effect as of January 1st 2017.
2017 Public Consultation (Click Here)
The average municipal tax bill is comprised of three elements:
Municipal tax rates are determined by the programs, services, and infrastructure needs of residents and businesses. Tax Rates are applied to the assessed value of properties within the municipalities.
Education Property Tax
Every year the province calculates, based on assessment value, the amount each municipality must contribute towards the public education system. Municipalities collect the education property tax from rate payers and then forward it to the province for a deposit into the Alberta School Foundation Fund.
Brazeau Seniors Foundation
the Town receives a requisition from the Brazeau Seniors Foundation which provides affordable seniors housing. Under the Alberta Housing Act, the Town is required to collect these funds from the municipality property owners, similar to the education requisition.
Where do the Town of Drayton Valley Revenues Come from?
Total Revenues for 2016: $26,769,087
Where is your Municipal Tax Dollar Spent?- 2017
If your Tax Bill was $1000 or $2500 it would be spent as follows: