Council receives first draft of 2026 proposed budget

Lloydminster, AB/SK – The City of Lloydminster presented the draft 2026 Operating and Capital Budget to Council at the Governance and Priorities Committee Meeting on Wednesday, November 5, 2025. The presentation provided an overview of the City’s financial outlook for the upcoming year, including anticipated operating needs, long-term planning considerations, and proposed capital investments.

Proposed 2026 Budget Overview

The draft operating budget totals $119.3 million, with revenues primarily generated through municipal taxes and user fees. The draft capital budget proposes $29.7 million comprised primarily of investment across Environmental Services and Transportation Services.

“The draft 2026 budget reflects our commitment to fiscal responsibility, service excellence, and long-term community growth,” said City Manager Dion Pollard. “Through thoughtful planning and asset management, we continue to invest wisely in the services and infrastructure that support our community today while preparing for the opportunities ahead.”

Public input collected earlier in the year helped inform the development of the draft budget, alongside ongoing financial forecasting and asset management planning efforts.

Next Steps

The draft budget will return to Council on November 24 for further discussion and potential approval. If additional revisions are required, final adoption will occur in mid-December, in accordance with the Lloydminster Charter’s requirement to approve an annual operating and capital budget before the start of the fiscal year.

The draft 2026 budget presentation is  available on Lloydminster.ca/Agenda.