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Budget

2025 BUDGET

The 2025 Budget approved April 28th, 2025. Click here to see the approved 2025 Budget - Capital & Operating.

 2025 Interim Budget Approved on November 12th, 2024.

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


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 2025 BUDGET SUMMARY 

Capital assets such as a bike park for the sports field, sidewalks and road improvements on parts of 97 Street, and providing the Wembley Fire Department with a much-needed vehicle to use for transporting its members to emergency scenes or training were amongst the focus of Council during this year’s budget deliberations.  Some of the budgetary considerations made this year was  financial support to the Wembley and District Agricultural Society in the form of monthly loan payments totaling $28,800 annually, contribution to the Wembley and Districts Arts Culture and Historical Society in the amount of $5,000 for operating expenses and $10,000.00 for a capital project, operating expenses support of $5,000 to the Silver and Gold Club, and Paid-On-Call Volunteer Firefighters, as well as investing in attracting economic development and continued efforts on developing tourism in Wembley. Town Council also recognizes and supports the in-kind assistance provided to various groups as a way of keeping our level of service that our community has enjoyed. 

Wembley is fortunate to have the amenities that it currently has, and the budget approved by Council reflects their desire in ensuring that the community continually enjoys them. The departure of the only physician in the Town and ultimately the closure of the medical clinic has led Council to allot a portion of the budget to acquiring the clinic’s assets and seeking options to secure a medical clinic replacement.

The residential property rate for 2025 is 12.862538 mills and the non-residential rate is 22.331938 mills. The property rate amount includes municipal, education and Grande Spirit Foundation tax rates.  The 2025 tax rate does not mean property taxes will not go up or down for some 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 $3,215.88. If the property owner is signed up with a tax instalment payment plan it will see an equalized monthly payment of $267.99.

The Municipal tax rate 

Residential – 10.143700 mills          Non-Residential – 18.676500 mills 

School levy tax rates

Residential – 2.627200 mills            Non-Residential – 3.562800 mills

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

Grande Spirit Foundation tax levy0.092638 mills

Designated Industrial (DI) Property tax rate: 0.070100 mills

Highlights of Capital 

Projects/Purchases for 2025:

 

Bike Park

Sidewalk Rehabilitation

97 Street Road Reconstruction

Wembley Fire Department Personnel Vehicle

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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For general info see also menu + Property Tax Information.

2024

Click here for the 2024 Budget

2023

Click Here for the 2023 Budget  

2022

Click Here for the 2022 Budget

2021

Click here for the 2021 Budget

2020

Click here for the 2020 Budget


3 Year Operating and 5 Year Capital Budget Forecast

Approved August 14, 2023

Click here to view