Municipalities adopt an Interim Operating Budget to continue day-to-day operations until the annual Operating Budget is adopted by Council.
At the December 10, 2019, Council Meeting, Kneehill County Council approved the 2020 Interim Operating Budget based on 50% of the approved 2019 Operating Budget. At the same meeting, Council also approved the expenditures for 2020 Capital projects that will require funding before the final Operating Budget can be adopted.
A 2020 Final Operating and Capital Budget, along with a 3-Year Operating Plan and 5-Year Capital Plan will be approved in March or April of 2020 after the County has received final assessment reports.
Kneehill County's Budget is funded largely by property and linear taxes, user fees and grants, and is comprised of these two components:
Operating Budget- the plan for day-to-day operations, including administration, materials, and supplies.
Capital Budget- the annual plan for the purchase and financing of major assets, including infrastructure, lands, building, machinery, and equipment.
Like any household or business, the needs and wants within Kneehill County are often greater than what can be afforded. Each year, as a part of the budget process, choices must be made that directly impact the level of services the County can provide.
The annual budget takes into consideration competing priorities and challenges, while at the same time, strives to provide high-quality services for all citizens.