Town of Ponoka logo

Town council approves 2021 capital and operating budgets

Ponoka town council approved the 2021 capital and operating budgets at its regular meeting last week. The total amount of the 2021 Budget is $26,598,270, which includes an operating budget of $19,408,070 and a capital budget of $7,190,200.

“This is a fiscally responsible budget that recognizes our economy is still struggling,” said Mayor Rick Bonnet in a press release.

“It balances the town’s and council’s commitment to continue carefully managing spending and keeping taxes as low as possible with the need for a very minimal tax increase to cover the cost of inflation this year while continuing to focus on growth, investing in key infrastructure, and maintaining the many essential services our citizens rely on.

Council will consider third reading of the tax rate bylaw on May 11.

After incorporating current property value assessments for residential and commercial properties in Ponoka, the proposed municipal portion of property taxes for 2021 equates to an increase of about $11 per $100,000 of assessment for residential properties, and $15 per $100,000 of assessment for commercial properties.

That is equivalent to a 1.2 per cent increase in municipal property tax revenue for 2021, although not all residents would see an increase on their property tax bill.

Depending on individual property value assessments, some residents may see a slight decrease, a slight increase or almost no change at all.

Overall, residential property assessment increased by $2.5 million while non-residential assessment decreased by $2.8 million for an overall decrease of $0.3 million in 2021 taxable assessment.

“With provincial grant funding being cut by 25 per cent over the next three years and the current Municipal Sustainability Initiative grant program ending in three years with no clear replacement in sight, the future of provincial grant funding to municipalities is uncertain,” said Town of Ponoka Chief Administrative Officer Sandra Lund.

“That is why any anticipated surplus left over from the 2020 Town Budget is expected to be transferred to reserves to help cover future infrastructure replacement and maintenance costs so that we can continue to maintain our infrastructure and facilities despite having reduced grant funding to rely on.”

Capital and infrastructure projects planned for 2021 include:

– Redevelopment of 51 Avenue between 50 and 51 Street;

– Paving and concrete replacement and repairs on numerous streets throughout Ponoka;

– Roadway and drainage rehabilitation and improvements on 64 Street at the south end of the Froman Business Park between 42 and 44 Avenue;

– Maintenance Improvements to the arena and Aquaplex;

– Trail improvements and wayfinding signage;

– Park design improvements at Lions Centennial Park and design improvements for an expanded skate board park and pump track. Construction would occur in the future as determined through the establishment of capital priorities;

– Completion of a comprehensive site master plan for a Community Wellness Centre on the existing Arena land, and

-Waterworks and electrical maintenance improvements.

To view the full release, visit www.ponoka.ca.

– Submitted by the Town of Ponoka

Town of Ponoka

Just Posted

The City of Red Deer sits at 249 active cases of the virus, after hitting a peak of 565 active cases on Feb. 22. (Black Press file image)
Red Deer down to 119 active COVID-19 cases

Province identifies 179 new cases Saturday

Member Terry Parsons’ custom built track vehicle.
Forestburg’s Area 53 Racetrack gears up for action-packed season

Site will also host a portion of the ‘Miles of Mayhem’ event in July

(Photo submitted)
PHOTOS: Ponoka Secondary Campus grad

Ponoka Secondary Campus held a drive-in graduation ceremony for their 2021 graduating… Continue reading

At an outdoor drive-in convocation ceremony, Mount Royal University bestows an honorary Doctor of Laws on Blackfoot Elder and residential school survivor Clarence Wolfleg in Calgary on Tuesday, June 8, 2021. THE CANADIAN PRESS/Jeff McIntosh
‘You didn’t get the best of me’: Residential school survivor gets honorary doctorate

Clarence Wolfleg receives honorary doctorate from Mount Royal University, the highest honour the school gives out

The Great Ogopogo Bathtub Race has been held in Summerland as a fundraising event. Do you know which Canadian city introduced this sport? (Black Press file photo)
QUIZ: A summer’s day at the water

How much do you know about boats, lakes and water?

Flowers and cards are left at a makeshift memorial at a monument outside the former Kamloops Indian Residential School to honour the 215 children whose remains are believed to have been discovered buried near the city in Kamloops, B.C., on Monday, May 31, 2021. THE CANADIAN PRESS/Darryl Dyck
‘Pick a Sunday:’ Indigenous leaders ask Catholics to stay home, push for apology

Indigenous leaders are calling on Catholics to stand in solidarity with residential school survivors by not attending church services

“They will never be forgotten, every child matters,” says Sioux Valley Chief Jennifer Bone in a video statement June 1. (Screen grab)
104 ‘potential graves’ detected at site of former residential school in Manitoba

Sioux Valley Dakota Nation working to identify, repatriate students buried near former Brandon residential school

Denmark’s Christian Eriksen receives medical attention after collapsing during the Euro 2020 soccer championship group B match between Denmark and Finland at Parken stadium in Copenhagen, Saturday, June 12, 2021. (AP Photo/Martin Meissner, Pool)
Christian Eriksen in stable condition, Euro 2020 match resumes

Eriksen was given chest compressions after collapsing on the field during a European Championship

As stories of the horrors of residential schools circulate after the Tk’emlups te Secwepemc First Nation announced it had located what are believed to be the remains of 215 children, Grand Chief Stewart Phillip of the Union of B.C. Indian Chiefs said he feels a connection with the former students. THE CANADIAN PRESS/Darryl Dyck
2 sides of the same coin: Ex-foster kids identify with residential school survivors

Grand Chief Stewart Phillip says the child welfare system takes Indigenous children from their families

Airport ground crew offload a plane carrying just under 300,000 doses of the single-shot Johnson & Johnson COVID-19 vaccine which is developed by the Janssen Pharmaceutical Companies at Pearson International Airport during the COVID-19 pandemic in Toronto on Wednesday, April 28, 2021. THE CANADIAN PRESS/Nathan Denette
1st batch of Johnson & Johnson vaccines won’t be released in Canada over quality concerns

The vaccines were quarantined in April before they were distributed to provinces

Grade 12 students at Wetaskiwin Composite High School took place in the annual water fight off school property on June 11, 2021. Shaela Dansereau/ Pipestone Flyer.
Graduating students in Wetaskiwin throw water fight after being told it could result in suspension

Students were told their participation could result in them being barred from graduation ceremonies.

Most Read