TAMRMS#: B06
5.1
Information Item Only
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Government of Alberta 2025 Budget Analysis
Presented by: Monty Killoh, Government Relations Advisor, Government/Indigenous Relations & Environment
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SUMMARY
This report reviews impacts and opportunities for the City of St. Albert related to the Government of Alberta's 2025-2028 Budget that was tabled on February 27, 2025, titled "Meeting the Challenge."
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
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BACKGROUND AND DISCUSSION
On February 27, 2025, the Government of Alberta tabled its 2025-2028 Budget titled "Meeting the Challenge" (within this report, it will be referred to as "Budget 2025"). More details on initiatives and funding announcements within the budget will become available over the following weeks as part of the Budget roll-out process.
Background
Partnership and collaboration across all orders of government is a core aspect of delivering the services needed by residents and businesses. Municipalities play a critical role in the direct provision of many public services and construction and maintenance of public infrastructure.
At the same time, municipalities primarily rely on property taxes, user fees, and grants (government transfers) to fund the delivery of these services and infrastructure. Therefore, grants/government transfers play a vital role in allowing municipalities to fulfill their mandate and satisfy the expectations of their stakeholders in the delivery of infrastructure and services. Provincial budgets provide an overview of the degree of such grants/transfers municipalities can expect to receive over the following year. As such, each budget can pose significant impacts to the sustainability of delivering services and infrastructure.
Various factors influence the budget, from economic conditions to political objectives to international influence. A central factor influencing Budget 2025 is the potential of U.S. tariffs on Canadian exports to disrupt Al...
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