Edmonton City Council will set the 4 year, 2023-2026 budgets before the end of 2022. There have been a lot of new funding proposals offered by Councillors. However City Administration has advised that:
- To maintain all services at current service levels will require at least a 3.9% property tax increase each year for the next 4 years, before any additions;
- Without increased investment in maintenance and renewal, the condition of our roads, buildings and information technology will deteriorate.
I have listed a few questions below. After completing a question, please scroll down to see the new question appear. I have picked 3% as an assumed general property tax increase, simply because 0% will be very difficult to achieve given our financial situation.