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The budget is the Town's operational plan and priorities expressed in dollars. It is a document that shows the revenues and expenses needed in order for the Town to provide daily services and programming and achieve its strategic goals.
Operating vs. Capital
The budget includes two major categories, Operating and Capital:
The Operating Budget includes revenues, recoveries, and expenditures relating to ongoing annual operations. It is a forecast of revenues collected and expenditures for the day to day operations of all the services and programs the Town of Slave Lake provides. The operating budget reflects the cost of maintaining Slave Lake's core services, programs, and infrastructure. It also includes new initiatives and improvements to programs that will advance Council's strategic vision. The Alberta Municipal Government Act, through which the Town is governed, requires Council to adopt a balanced operating budget. Utilities, such as water, sewer, and garbage are supported entirely through their own rates and fees.
Where Does the Money Come From? - Operating
Where Does the Money Go? - Operating
The Capital Budget provides continuing investments for our community to ensure that Slave Lake remains a place to build opportunities and provides for an exceptional quality of life for everyone who lives and visits the community. Significant infrastructure investment includes investments into our roads and sidewalks and continuing investments into our water systems. Quality of life improvements include enhancements to Hilda Eden Park and investments in the MRC facility.
Where Does the Money Come From? - Capital
Where Does the Money Go? - Capital
Will There be An Increase to Property Taxes this Year?
Yes, due to inflationary pressures and rising costs there will be an increase to residential property taxes of approximately 4.5% whereas the average amongst Alberta communities shown below is 5%.
How Does Slave Lake Compare with the Rest of the Province?
Slave Lake = 4.5% Average = 5.0%
What Does Budget 2023 Mean for Service Levels?
Current service levels will be maintained and improved in some areas. Town of Slave Lake households receive a wide variety of services for their municipal property taxes. These taxes deliver services such as police, fire protection, roads, parks, sports fields, recreation facilities, and much more.
How Much Will This Increase Cost Me?
The chart below shows the estimated monthly and annual increases for the 2023 year to the average household in Slave Lake based on assessment value.
Assessment Value
Total Town Taxes
Monthly Increase
Annual Increase
$200,000
$1,958
$7
$85
$306,000
$3,036
$11
$131
$550,000
$5,386
$19
$233
The budget is the Town's operational plan and priorities expressed in dollars. It is a document that shows the revenues and expenses needed in order for the Town to provide daily services and programming and achieve its strategic goals.
Operating vs. Capital
The budget includes two major categories, Operating and Capital:
The Operating Budget includes revenues, recoveries, and expenditures relating to ongoing annual operations. It is a forecast of revenues collected and expenditures for the day to day operations of all the services and programs the Town of Slave Lake provides. The operating budget reflects the cost of maintaining Slave Lake's core services, programs, and infrastructure. It also includes new initiatives and improvements to programs that will advance Council's strategic vision. The Alberta Municipal Government Act, through which the Town is governed, requires Council to adopt a balanced operating budget. Utilities, such as water, sewer, and garbage are supported entirely through their own rates and fees.
Where Does the Money Come From? - Operating
Where Does the Money Go? - Operating
The Capital Budget provides continuing investments for our community to ensure that Slave Lake remains a place to build opportunities and provides for an exceptional quality of life for everyone who lives and visits the community. Significant infrastructure investment includes investments into our roads and sidewalks and continuing investments into our water systems. Quality of life improvements include enhancements to Hilda Eden Park and investments in the MRC facility.
Where Does the Money Come From? - Capital
Where Does the Money Go? - Capital
Will There be An Increase to Property Taxes this Year?
Yes, due to inflationary pressures and rising costs there will be an increase to residential property taxes of approximately 4.5% whereas the average amongst Alberta communities shown below is 5%.
How Does Slave Lake Compare with the Rest of the Province?
Slave Lake = 4.5% Average = 5.0%
What Does Budget 2023 Mean for Service Levels?
Current service levels will be maintained and improved in some areas. Town of Slave Lake households receive a wide variety of services for their municipal property taxes. These taxes deliver services such as police, fire protection, roads, parks, sports fields, recreation facilities, and much more.
How Much Will This Increase Cost Me?
The chart below shows the estimated monthly and annual increases for the 2023 year to the average household in Slave Lake based on assessment value.
Slave Lake = 4.5% 
