News | DrumhellerMail - Page #180
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Last updateSat, 21 Sep 2024 12pm

Rotary outfits Continuing Care Unit for summer

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The Rotary Club of Drumheller recently donated $724 to the Drumheller Area Health Foundation to assist the Continuing Care Unit at the Drumheller Health Centre. They were able to purchase a barbecue and three shade umbrellas. The Rotary is also helping to sponsor the Continuing Care Unit’s Family Barbecue coming up in August. At the presentation (l-r) Rotarian Bev Krabsen, Rotary President Linda Fisher, recreation therapist Lisa Orton, resident Frances Strouckel and recreation therapist Alana Mullett.


Town of Drumheller seeks new Corporate Services director

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There will soon be a gap in the Town of Drumheller’s administrative team as Corporate Services director Mauricio Reyes has tendered his resignation.
It was announced by Clearview Public Schools, which serves kindergarten to Grade 12 students in east central Alberta, including the Town of Stettler and villages of Big Valley and Donalda, on Monday, June 26 that Mr. Reyes had been hired as its new Secretary Treasurer.
“We are very pleased to welcome Mauricio to the Clearview leadership team,” said Clearview Public Schools Superintendent Scot Leys in a press release. “Mauricio is a great choice for this important position as he brings with him extensive financial experience. We are excited to have someone with this depth of knowledge in the public, educational and municipal government sectors to help guide our Division budget and financial operations.”
Mr. Reyes has worked for the Town of Drumheller since March 2021.
Prior to working for the Town, he has also worked in similar administrative roles as senior manager of Financial Services for the City of Lacombe, and senior Financial Analyst for the City of Grande Prairie; he also worked within the role of assistant secretary treasurer for the Holy Family Catholic Regional Division No. 37 school district in Peace River in northern Alberta.
Mr. Reyes will take over the position at Clearview Public Schools beginning on August 9. At this time there is no word on when Mr. Reyes will officially leave his position with the Town of Drumheller.

Horner provides fiscal update

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Nate Horner, President of Treasury Board and Minister of Finance delivered his first fiscal update in his new position, showing Alberta in a strong fiscal shape.
Alberta ended the fiscal year with an $11.6-billion surplus, exceeding the Budget 2022 projected surplus by $11.1 billion. In 2022-23, the province paid down $13.3 billion in debt, eliminating an estimated $260 million in debt servicing costs annually and reducing the overall debt burden on Albertans.
The province’s strong financial situation also resulted in the market value of the Alberta Heritage Savings Trust Fund growing by $2.5 billion to $21.2 billion. The Heritage Fund’s year-over-year growth was primarily due to actions taken by the Alberta government to retain $1.25 billion in net investment income from 2021-22 and deposit $753 million into the fund.
Growing the Heritage Fund benefits current and future generations of Albertans by ensuring the province is well equipped to handle future uncertainty.
In March of this year, Alberta’s government made legislative changes to ensure the fund continues to grow to support Albertans now and in the future. These changes allow the government to retain all investment income within the Heritage Fund instead of it being transferred to general revenue.
“The 2022-23 year-end report is a very positive one. We promised to keep our economy moving forward and Alberta is reaping the benefits. Albertans can rest easy knowing that Alberta’s prosperity today means more stability tomorrow as we continue to pay down debt and save for the future,” said Horner.
Alberta saw larger growth in its non-renewable resource sector, with $11.4 billion in revenue over 2022 projections. This budget was based on a forecast of $70 per barrel. The price averaged $89.69 over the last fiscal year. It also realized $26.5 billion in tax revenue.
Expenses were $2.4 billion more than estimated in the 2022 budget with increases in spending on healthcare, education, debt servicing and affordability measures.


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