MD Passes Interim Budget

 

Council for the Municipal District of Lesser Slave River No. 124 approved the 2018 preliminary budget at its meeting on December 13, 2017.

The preliminary budget consists of three components:

Convenient, Secure and Free

  1. The 2018 Base Budget of $19,899,107
  2. Approved Operational Decision Papers for Additional Work in 2018: $2,174,075
  3. Approved Capital Decision Papers for Projects/Asset Replacement/Purchase in 2018: $2,700,640

Details of spending and funding for the three categories are provided in the Backgrounder attached to this release. Note that there are tentative and conditional upon funding decision papers that will receive consideration upon the adoption of the final MD budget at the end of March and do not form part of the preliminary budget.

During 2018, MD citizens and businesses will see an increased focus on re-graveling, renovations to community vertical infrastructure such as the Widewater Complex and the Canyon Creek Arena, and capital reinvestment in the Smith Water Treatment Plant for membrane replacements amongst other priorities. Efforts toward continuous improvement in the delivery of services drives many of the 2018 budgetary priorities.

The adoption of the preliminary budget in this manner allows the MD Administration to make progress on approved decision papers immediately in the first quarter of 2018 as the Municipal District awaits the receipt of its assessment figures for 2018 at the end of February 2018. Preliminary budget figures are subject to change as costs savings through the procurement process are realized, assessment amounts are confirmed, and taxation decisions are finalized.

For further information contact: Allan Winarski, CPA, CGA
Chief Administrative Officer, MD of Lesser Slave River no. 124
3000 -15th Avenue SE
Box 722 Slave Lake, Alberta TOG 2AO

Phone: 780.849.4888
Fax: 780.849.4939
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

MD of Lesser Slave River

Just a few hours due north of Edmonton, Lesser Slave River is a truly unique place to live, work and play. From breathtaking expanses of boreal forest and unspoiled natural wonders to a thriving economy and genuine work/life balance, opportunities abound. Here you'll discover a place of rugged beauty. A place of real people. A place you'll never want to leave.

General Contact Info

 info (@) mdlsr.ca
 780.849.4888
 1.866.449.4888
 780.849.4939

Social Connections