How does the Town of Ponoka fund the operating and capital budgets?

The operating and capital budgets are funded by a number of different sources including:

• Property taxes;
• Grants from the federal and provincial government;
• Reserves – which is money the Town saves to pay for long-term projects or emergencies;
• Debentures – which are loans from the Alberta government to pay for large infrastructure when needed;
• Revenue from the Town’s electrical utility;
• Utility fees; and 
• Other sources like recreation facility user fees, licensing, permits and government transfers.