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The Town of Drayton Valley was presented the Interim Budget on December 14, 2017. Passing an Interim Budget is part of the Municipal Government Act (MGA) for all municipalities in the Province of Alberta and must be passed no later than December 31st of that year. This part of governance allows the municipality to operate until the Final Budget is passed.
The Town of Drayton Valley passed the Final Budget on April 26, 2017. Below you can find documents in relation to budget and governance.
Property Tax is divided into three parts:
General Municipal Tax Rate- This rate is set by the Town of Drayton Valley and this portion of your property tax is used to fund municipal services and programs for Drayton Valley residents.
Education property tax rate- This rate is set by the Alberta School Foundation on behalf of the Alberta Government and this portion of your property tax is directed to the Province to provide educational services.
Seniors Requisition- This rate is set by the Seniors Foundation and this portion of your property taxes is directed to operate local seniors housing facilities.