City updatesFinanceMedia releases Posted on: November 19, 2025 Beaumont’s recommended budget for 2026 focuses on the responsible and orderly growth of the community and strengthening the City’s financial health. The city continues to be one of the fastest growing communities in Alberta, with the population increasing 23 per cent during the last five years and passing 24,500 people in 2024. Administration’s recommended 2026 budget funds reviews of the documents and rules that shape development and rebuilds the City’s savings accounts to protect against unforeseen events, stabilize future tax rates, and pay for the continued upkeep of roads, buildings and other infrastructure. “In the past few years, municipalities have been hit with the combined impacts of inflation and tariffs, along with reduced grants from the Alberta government. These effects have been amplified by Beaumont’s rapid population growth,” said Jay Bohachyk, Director of Finance for the City of Beaumont. “Through careful management of costs and a larger tax assessment base from 2025, we are able to recommend a tax revenue increase below inflation to fund our operations next year, with the rest of the increase setting a stable and sustainable foundation for the future.” Residents will be able to learn more about the budget and provide feedback at two open houses before Council deliberates the budget. Friday, November 21, 5 to 8 pm, Ken Nichol Regional Recreation Centre lobby Saturday, November 22, 10:30 am to 1:30 pm, Beaumont Sport & Recreation Centre lobby Protecting core services and managing growth OPERATIONAL HIGHLIGHTS: The recommended 2026 budget includes a tax revenue increase of 1.85 per cent, or $5.30 per month for a sample home assessed at $500,000, to support the City’s day-to-day operations and keep up with the community’s growth. Highlights for 2026 include: Reviewing Beaumont’s Municipal Development Plan and Land Use Bylaw to guide the responsible growth of the city in line with the community’s expectations. Recruiting two additional full-time firefighters to maintain fire services. Recruiting an additional full-time community peace officer to manage the growing volume of citizens’ concerns related to municipal bylaws and other relevant legislation. Safe and reliable transportation infrastructure and water service CAPITAL HIGHLIGHTS: Alberta’s municipalities are facing the pressures of inflation and tariffs on the cost of construction materials, combined with an overall decline in provincial grants for infrastructure. To build up capital reserves to a level needed to maintain roads, City buildings, and other infrastructure, a tax revenue increase of 5.1 per cent, or $14.62 per month for a sample home assessed at $500,000, is recommended. Capital projects for 2026 are focused largely on improving the reliability and safety of Beaumont’s transportation network, including: Upgrading the intersection of Township Road 510 and Range Road 243. Designing intersection updates for Highway 625 at 50 Street and Range Roads 241 and 243. Continuing to renew 50 Street. Designing a multi-use trail along 50 Street to connect Le Rêve neighbourhood to the existing trail system at Township Road 510. Completing the path adjacent to 30 Avenue up to the 60 Street intersection. Other capital projects planned for 2026, include: Developing the sports field in Ruisseau next to École Quatre-Saisons. Upgrading pumping capacity and constructing an additional feedline between the main and St. Vital pumphouses to maintain the reliability of Beaumont water system and support growth. Improvements to the Beaumont Sport and Recreation Centre roof to prevent falling ice and snow. Beaumont’s five-year capital plan anticipates the construction of a new fire hall and additional water reservoir and pumphouse capacity starting in 2028 to maintain the safety of the community and reliability of water service. Increased offsite levies paid by developers came into effect in August 2025 and will offset the cost of financing these projects. Strengthening our financial health The 2026 budget recommends a tax revenue increase of 1.92 per cent, or $5.50 per month for a sample home assessed at $500,000 to replenish the City’s municipal operations, stabilization, and contingency reserve following a budget shortfall in 2024. The reserve is used for unforeseen events, budget shortfalls, and to help smooth tax rates year over year. The increase is expected to provide $600,000 in 2026 to raise the reserve’s balance closer to the optimal range of $4 million to $8 million. Household impact With the total recommended tax revenue increase of 8.87 per cent, the owner of a sample home assessed at $500,000 would pay $305.06 a year – $25.42 per month – more for municipal property taxes in 2026. Utilities would increase $15.46 per month for the typical home, reflecting the costs of maintaining water and wastewater services, storm water management and waste collection. There are no recommended changes to municipal franchise fee rates on electricity or natural gas. Impact for a sample home assessed at $500,000 20252026Annual ChangeMonthly ChangeMunicipal property tax$3,439.21$3,744.27$305.06$25.42Utilities*$1,904.23$2,089.79$185.56$15.46Total$5,343.44$5,834.06$490.62$40.88 *Based on annual utility consumption of 215 cubic metres of water. Impact per $100,000 of assessed value** AnnualMonthlyMunicipal property tax$61.01$5.08 **Based on an equal change in assessment for all residential properties in Beaumont for the purpose of illustration. Homeowners’ actual tax bills will depend on their individual change in assessment relative to the overall change in the assessment base. Learn how municipal property taxes are calculated. View the 2026 budget and related information Media contact: Mike BerezowskyDirector, Communications & Information Technology Services780-243-0458mike.berezowsky@beaumont.ab.ca