The Community Charter requires local governments to approve a five-year Financial Plan bylaw each year before they adopt the annual property tax bylaw by May 15. We also often refer to the Financial Plan as the Budget.
July to October – Departmental Financial Plans
Each department creates budgets based on anticipated activities and Strategic Plan priorities. They also account for expected expenses and estimated revenues.
October to December – Draft Financial Plan Preparation
Finance compiles all budgets to make a draft financial plan. We compare the draft to the Strategic Plan to ensure consistency.
September to February – Public Budget Meetings
There are several public budget meetings that allow for public input and review.
February to May – Financial Plan and Bylaws Adopted
We revise the plan based on public input and Council priorities until we reach a final version. That final version allows us to develop the Financial Plan Bylaw. In the Bylaw, we set the property tax revenue we need. This, in turn, forms the basis for your tax rates. Council may amend the financial plan by bylaw at any time during the five-year period.
2023 - 2027 Financial Plan Meeting Schedule
- December 12 - Fee for Service Presentations
- January 23 - Draft Budget 2022 Presentation (Capital and Operating)
- February 13 - Five-year Financial Plan Bylaw
- February 27 - Financial Plan Public Meeting
- March TBA - Adoption of the Five-year Financial Plan Bylaw
- April / May TBA - Tax Rate Bylaw
2023 - 2027 Financial Plan Documents
- February 27, 2023 Public Drop-in Information Panels [PDF - 958 KB]
- 2023 Capital Projects Listing [PDF - 735 KB]
- 2023 Draft Budget at a Glance [PDF - 869 KB]
Previous Year Financial Plan and Financial Plan Bylaw
- 2022 Capital Project Listings [PDF - 1 MB]
- 2022 Budget at a Glance [PDF - 807 KB]
- 2022 Five-Year Financial Plan Bylaw [PDF - 1 MB]
Historical Financial Plan Bylaws
- 2021 Five-Year Financial Plan Bylaw [PDF - 1 MB]
- 2020 Five-year Financial Plan Bylaw [PDF - 2 MB]
- 2019 Five-year Financial Plan Bylaw [PDF - 2 MB]
- 2018 Five-year Financial Plan Bylaw [PDF - 2 MB]
- 2017 Five-year Financial Plan Bylaw [PDF - 2 MB]
- 2016 Five-year Financial Plan Bylaw [PDF - 2 MB]
- 2015 Five-year Financial Plan Bylaw [PDF - 5 MB]