The Town of Sedgewick

Share This Post

Council Highlight – Council approves the 2024 Operation and Capital Budget

The 2024 Final Operating and Capital Budget has been approved by the Council. Administration has minimized the impact of the Tax Rate on the residences and business community by a 2% increase in the Tax levy based on the increase in the assessment roll and an increase to the minimum tax rate from $1000 to $1050. The mill rate for the 2024 taxation year will remain consistent.

In a review of the Capital Projects in Q1 2024, pending a final report, there is a requirement for further review in Q3 for additional discussions on a five-year capital plan. For the current 2024 Capital budget, it was identified that several asphalt overlays are required. Administration has advised that a proposed overlay project should move forward for the 2024 Capital Budget Year. Funding for this project will come from the existing grant programs.

View More Posts