CONTRACTONGOING

Town Maintains Debenture Financing with ACFA

Town of Picture Butte logoTown of Picture Butte
Disclosed value
$1,371,690 outstanding principal; $2,483,200 total remaining debt service (principal and interest)
From agenda
Document date
Apr 13, 2026
Term
Debt matures between 2026 and 2052
Renews
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The 30-second brief

What it covers

Picture Butte continues to service $1.37 million in long-term debentures with Alberta Capital Finance Authority, supporting municipal capital projects. The debt, carrying interest rates between 3.973% and 6.125%, is scheduled for repayment through 2052.

Who holds it

Alberta Capital Finance Authority holds this financial services contract with Town of Picture Butte. Its other public contracts on record include work for Town of Vauxhall and Town of Strathmore.

What happens next

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Contract details

Contract type
Financial Services
Amount
$1,371,690 outstanding principal; $2,483,200 total remaining debt service (principal and interest)
Document date
April 13, 2026
Term
Debt matures between 2026 and 2052
Renews
On record
Source document
Picture Butte Town Council Meeting Agenda April 13 2026 (Agenda)

Alberta Capital Finance Authority's other public contracts

More Town of Picture Butte contracts

Questions about this contract

Who was awarded the financial services contract by Town of Picture Butte?

Alberta Capital Finance Authority was awarded this financial services contract by Town of Picture Butte, as recorded on April 13, 2026. The contract value is $1,371,690 outstanding principal; $2,483,200 total remaining debt service (principal and interest).

How much is the Alberta Capital Finance Authority contract with Town of Picture Butte worth?

The Alberta Capital Finance Authority contract with Town of Picture Butte is valued at $1,371,690 outstanding principal; $2,483,200 total remaining debt service (principal and interest), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Picture Butte Town Council Meeting Agenda April 13 2026 (Agenda), dated April 13, 2026 from Town of Picture Butte. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Alberta Capital Finance Authority hold?

Alberta Capital Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Picture Butte currently buying?

Explore Town of Picture Butte's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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