The Town of High River's bank accounts are bursting at the seams with over $60 million available for capital budget expenses this year.

If that seems high for a town of 13,000 people, you'd be right.

Deputy Mayor Jamie Kinghorn says that number is $7.8 million for Town funded projects and $52.4 million in provincial money for renewal projects.

"It's looks a little more positive right now, because it (the capital budget report) was done before construction season of course. So, now we're into construction season some of that money that's sort of sitting there that wasn't allocated is starting to go out the door."

However instead of just letting the money sit there until they need to start writing cheques, Under rules through the Provincial Municipal Government Act, the Town has invested the money and will bank what they're making off it until it's needed.


Send us your news tips, story ideas and comments at [email protected]

More Local News is High River's only source for community news and information such as weather and classifieds.

Search the Biz Guide