Courtesy: Town of Peace River
Town of Peace River Council Approves 2025 Budget
The Town of Peace River Council has officially passed the 2025 municipal budget, focusing on taxpayer fairness, financial sustainability, and essential infrastructure investment.
“The 2025 budget reflects Council and Administration’s commitment to responsible fiscal management while addressing the critical needs of our community, now and into the
future,” said Mayor Elaine Manzer. “The senior leadership team and I are proud to have brought forward a tax-supported operating budget reflecting a 2 per cent increase, balancing financial pressures with the responsibility of ensuring municipal services are delivered reliably,” said Chief Administrative Officer Barbara Miller.
Notably, this budget starts the process of separating tax revenues and utility fees, moving toward a goal of taxpayers no longer subsidizing utility rates. The result is a more equitable system, with a low municipal requisition compared to many other municipalities. By keeping the municipal tax requisition increase to 2 per cent, the Town is maintaining competitive tax rates while funding essential services and infrastructure.
2025 Budget Details
• Tax Supported Budget: $24,502,380
• Utility Supported Budget: $8,648,890
• Municipal Requisition Increase: 2%
• Water Rates: 9.8% increase on average
• Wastewater Rates: 10.1% increase on average
2025 Capital Plan
The 2025 Capital Plan focuses on addressing essential infrastructure projects and community enhancements. The total capital investment, including carryover from 2024, is
$12,853,400.
Major projects include the following:
• Peace Regional Pool: $1.67 million for hot tub and other upgrades
• Wayfinding Plan: $400,000
• Fire Department Light Rescue Truck: $275,000
• Town Hall Renovations: $1.25 million
• Pats Creek Instrumentation and Dam Control: $906,400
• Mainstreet Sidewalk Replacement: $705,000
• 2025 Paving and Overlay: $750,000
• 101 Street Reconstruction: $1.1 million
• 90 Street Stormwater and Culvert Repair: $670,000
• Wastewater Treatment Plant Upgrades: $3 million
For more details on the 2025 budget, visit peaceriver.ca.
