Budget & Reports

The Town of Olds has released its 2025 Financial Report—an overview of our 2024 financial position and a look ahead to how we’re planning for a stronger fiscal future

The Town of Olds has launched the annual Budget Engagement Survey and is inviting residents to share their input on key service areas, funding priorities, and long-term infrastructure planning.

The Town of Olds has released the O-NET Financial Closure Report, summarizing the history, financial implications, and final sale of OFL LTD. (commonly known as O-NET) to TELUS Communications for $11 million.  

Mountain View Power Fuels the Future with Support for Olds Boys and Girls Club

The Town of Olds is committed to providing reliable and efficient water services to our community. As part of this commitment, we are launching a phased Water Meter Replacement Program to upgrade aging infrastructure and adopt advanced metering technology.

The 2025 Town of Olds Budgets have been approved. Budget 2025 has a large focus on infrastructure renewal and making services better for everyone.

The 2025 Municipal Operating and Capital Budgets were approved December 9, 2024 in the amounts of $35.88M and $5.52M respectively. 

Town residents and businesses were invited to provide input on the 2025 budget from May 27 to July 5, 2024.  Community involvement is a priority for the Town, budget engagement helps Council and Administration understand what services citizens value and will help shape decisions around service level adjustments leading into the 2025 Budget.

How should the 2025 budget be spent? Your feedback is crucial in helping us decide on the top spending priorities for our community.

The Town of Olds Council has approved an amendment to the 2024 capital budget aimed at addressing inflow and infiltration (I&I) in the Town’s wastewater management system. This $400,000 addition underscores the Town's commitment to maintaining and improving its municipal infrastructure for the well-being of residents. The additional allocation will be used to repair leaks already identified by relining manholes and pipes that are allowing water to enter our sanitary system.