Vol 15, Issue
The County of Leduc Council has approved the interim municipal operating budget for 2011, a budget of approximately $31.6 million, and a capital budget of $2.5 million, completely funded by tax dollars.
Taking into consideration the current economic condition and the requirement to maintain the current level of services, Council approved a municipal tax increase of not more than 3.5 per cent.
Final approval and tax rates will be set in May, 2011, but passing the interim budget allows projects to proceed or continue until final approval is passed.
Homeowners presently will be looking at a tax increase of approximately $80.00 on homes assessed at $300,000.