By 1947, however, the prominence's soil had been reworked and used for street improvements, highway construction and a dyke on the shore of the Picture Butte Lake Reservoir.

The building of the Lethbridge Northern Irrigation System in 1923 and the CPR rail line in 1925 stimulated an influx of settlers.

The Canadian Sugar Factory closed in 1978 and resulted in the loss of tax revenues and employment opportunities to the town.

[10] As of 2023, Picture Butte has an art gallery, three schools, three churches, a sports complex, a community league, a museum and a historical village.

[12] As of 2023, the Mayor of Cathy Moore and councilors include Henry deKok, Teresa Feist, Cynthia Papworth and Crystal Neels.