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Budget

Click here to review 2026 Capital & Operating Budget

Bylaw 777: Property Tax Rate 2026 Bylaw

Bylaw 774: Rate of Taxation 2025 Bylaw

Bylaw 765: Rate of Taxation 2024 Bylaw

BYLAW No. 758 Rate of Taxation 2023 - Passed April 24th, 2023


NEW 2026 BUDGET SUMMARY 

The Town of Wembley approved its 2026 Capital and Operating Budget at the regular Council meeting held on April 27, 2026. This budget reflects ongoing increases in policing costs, rising operating expenses driven by inflation, continued reductions in provincial grants, and limited federal capital funding available to small municipalities.

 

Council’s priorities for the year include the ongoing revitalization of green spaces and recreational areas, as well as the gradual addition of essential capital assets such as sidewalks and minor road improvements. Efforts to update outdated bylaws and policies also remain a key focus during this year’s budget deliberations.

 

The budget maintains financial support for several community organizations. This includes annual loan repayments totaling $28,800 to the Wembley and District Agricultural Society, a contribution of $2,500 for operating expenses and $7,000 for a capital project to the Wembley and District Arts, Culture and Historical Society, and $2,500 in operating support for the Silver and Gold Club. The Town is also investing in economic development initiatives, with a strong emphasis on expanding tourism opportunities in Wembley.

 

In addition, Town Council continues to recognize and support in-kind contributions to local organizations such as the Wembley and District Arts, Culture and Historical Society, the Wembley and District Agricultural Society, Silver and Gold Club and the Philip J. Currie Dinosaur Museum, helping to sustain the high level of service valued by the community.

 

Wembley is uniquely positioned to capitalize on dino or paleo tourism due to its proximity to a world class dinosaur museum and rich dinosaur bonebeds. This year’s budget highly supports the development of tourism attractions and expanding economic development.

 

The 2026 residential property rates total is 0.012998464, and the non-residential rates total is 0.02330496. The property rate amount includes municipal, education, and Grande Spirit Foundation tax rates. The 2026 tax rate does not mean property taxes will not go up or down for property owners, as taxes are influenced by changes to the property assessment values. Properties with an assessment decrease may see their tax bill on par with last year, while property owners whose property assessment increased could see a slight increase in property taxes.

 

Example: Homeowners of a property assessed around $250,000 will pay about $3,249.62. Property owner signed up signed up with tax instalment payment plan will see an equalized monthly payment of approximately $270.80.

 

The Municipal tax rate:    no change                                                  

Residential – 0.0101437                                                       

Non-Residential – 0.0186765                                               

Remains the same percentage as last year:

Property Type

Approximate Percentage

Mills

Tax Rate   (rounded up)

Residential

1.014%

10.1437

0.0101437

Non-Residential

1.868%

18.6765

0.0186765

 

School levy tax rates:  

Residential – 0.0027506  

Non-Residential – 0.0045243 


Grande Spirit Foundation tax levy: 0.000104164

 

Designated Industrial (DI) Property tax rate: 0.072800

 

Highlights of Capital Projects/Purchases for 2026:

Sidewalk Rehabilitation

 

• Municipalities collect the education property tax from all property owners in Alberta on behalf of the province. 

Media Contact:

Noreen Zhang, CAO Tel. 780-766-2269 ext.3 / Email: noreen@wembley.ca

Kelly Peterson, Mayor Tel. 780-876-5150 / Email: mayorpeterson@wembley.ca

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2025

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2024

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The 2024 Budget Approved April 22nd, 2024. To see the Approved 2024 Budget - Capital & Operating

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3 Year Operating and 5 Year Capital Budget Forecast

Approved August 14, 2023

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