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Stay tuned for updates on the 2021 proposed annual Budget and proposed financial plan.
 

2020

The Town of Golden’s 2020 proposed annual Budget and 2020-2024 proposed financial plan is now available in the 2020 Budget Book:


Highlights from the Budget:
  • Budget increase: Council is targeting a 3.5 per cent budget increase for 2020. This follows last year’s one time increase of 6.75 per cent, but is less than our typical 5 per cent adjustment. This increase will make sure that the municipality keeps up with inflation, while maintaining service levels. As always, we will be actively searching for as many grants as possible to alleviate the local tax burden for planned capital projects.
  • Water and sewer rate increases: the single residential rate will increase by 7.1 per cent for water and 6 per cent for sewer in 2020. This will be an increase of about $3.44 a month for a single residential property. This increase will cost less than a large coffee and donut a month.
  • 2020 Notable expenditures and initiatives: phase two of the Kicking Horse Dike Improvement project will be completed; an Infrastructure Replacement Assent (Alternative Approval or Referendum) will take place to ask the public for permission to borrow funds for necessary infrastructure improvements in the downtown; and work on the Alexander Drive neighbourhood sidewalk renewal and removal project will be completed.

Budget News Releases: