(Cochrane, AB) – As Cochrane continues to grow and evolve, the proposed 2025-2027 budget reflects the municipality’s commitment to maintaining a strong, stable foundation while preparing for the future. Grounded in fiscal responsibility and community feedback, the budget ensures the Town can continue delivering the quality services residents rely on while meeting the challenges of growth and inflation.
Public input directly influenced the budget’s priorities, driving decisions on staffing and funding new projects. The total revenue requirement is 6.14% higher than 2024. Of that, 3.64% comes from growth, meaning this is an inflationary budget of 2.5%. These adjustments will support essential services without compromising the Town’s reputation as one of the most tax-efficient municipalities. Staffing resources will grow in line with the community, ensuring we maintain service levels and support front-line operations.
The budget also reflects the Town’s commitment to investing in critical infrastructure and essential services. This includes continued upgrades to Cochrane’s utilities, addressing aging infrastructure, and supporting significant projects such as the Glenpatrick infrastructure upgrades and Horse Creek Sports Park. Additionally, Cochrane will maintain its commitment to community safety and connectivity, with the proposed addition of two RCMP officers and four Parks staff in 2025.
“We are proud to present a budget that not only maintains stability but positions Cochrane for continued success,” said Mike Derricott, CAO, Town of Cochrane. “Through sound financial management and strategic investments, we are building on Council’s goals of sustainability and long-term planning. The community’s input helped shape this budget, and we are confident it meets both current needs and future challenges.”
With a focus on operational efficiency, the budget ensures Cochrane continues to deliver value to its residents, from maintaining parks and pathways to funding local partners like the Cochrane Library and the Spray Lake Sawmills Centre. Cochrane’s approach to growth and financial management keeps the community on track for long-term success while staying responsive to the needs of residents.
Starting Tuesday, October 21, the budget will be available online at Cochrane.ca/budget as well as through Let’s Talk Cochrane. Residents are invited to provide feedback on the draft budget at an upcoming public information session at the SLS Centre on Friday, October 25 from 3-7p.m. or Saturday, October 26 from 11 a.m. to 3 p.m.