Your City, Your Dollar- 2019 Municipal Budget

What is a municipal budget?

Each year, the City of Lloydminster develops a budget that accounts for anticipated expenses and revenues and allocates funds to meet the needs of the municipality. Once approved by Lloydminster City Council, Administration uses the budget as a benchmark to control the fiscal operations of the municipality.

Budget priorities are guided by City Council's Strategic Plan, which includes a detailed list of long-term and short-term objectives for the municipality. Furthermore, the budget is comprised of two sections: the operating budget and capital budget.

Operating Budget

The Operating Budget is established to fund the regular activities and functions of the municipality. These projects include:

• Building maintenance
• Street sweeping
• Employee wages
• Garbage collection

Capital Budget

The Capital Budget includes approved infrastructure renewal projects. These projects may include:

• Road and sidewalk repairs
• Facility improvements
• Equipment replacement
• Water infrastructure upgrades

The 2019 municipal budget process began with public engagement. The City used a variety of public events and an online survey to gather public input. The What We Heard Report contains the results and themes that were heard during the public engagement sessions.

For any further questions on the budget process, please email yourvoice@lloydminster.ca.