Monday, January 26, 2015

Alberta fiscal crisis, how will it affect us?

It looks like Premier Prentice is preparing all of us for bad news. Just keep in mind that 30-40% of our revenue comes to us in the form of provincial grants.

Alberta Premier Jim Prentice says fiscal crisis means rollbacks on table for public sector ... and him


Anonymous said...

It is very evident to me that after the admission of the eleven right wing Wildrosers. Now the exit of the red Tories Horner, Horne, and Griffiths today. Prentice is putting the Conservative back into the PC party.

TransparencyCNP said...

We have a $42,000,000 Recreation Needs Analysis & Action Plan:

The product of this prioritization is the identification of high/short term infrastructure priorities including upgrades to the Albert Stella Memorial Arena ($4.465M), investment in existing and new trails ($250,000) and completion of Phase I of the Pass Powderkeg Master Plan ($3.5M) for total short term investment of approximately $8.215M. Long term project priorities include completion of the Hillcrest Ball Diamond Complex ($500,000), Phase 2 of the Pass Powderkeg Master Plan ($7.5M) new youth centre spaces ($3.0M), a new indoor pool ($20M) and a new rectangular field complex ($1.5M). Long term projects total an additional $34M yet are not expected to come to fruition until significant regional growth occurs or new funding models become apparent.

plus $14,000,000 infrastructure (water & sewer) = $56,000,000.

Anonymous said...

Keep in mind, adjust your budgets accordingly.

Anonymous said...

Not true, as per following:

Alberta's Minister for Municipal Affairs Diana McQueen announced Friday the province is allocating $400 million in new money for municipalities for the final quarter of the 2014/2015 fiscal year.

That will increase the 2014 Municipal Sustainability Initiative (MSI) funding, which helps municipalities pay for big infrastructure projects, from $1.2 billion to $1.6 billion. McQueen added the money was first announced in the government's 3rd quarter fiscal update released by finance minister Robin Campbell on Feb. 24.