Each year’s budget is part of a Five-Year Financial Plan that sets out the resources, revenues and expenditures required to deliver services to the community.
The Community Charter requires that Council adopt a Five-Year Financial Plan each year prior to adopting the annual property tax bylaw. Based on various long-term plans and strategies, the plan includes specific details for the current year and a guideline for the upcoming four years.
Council approved the 2023 – 2027 Financial Plan unanimously at the May 9, 2023, Council meeting. You can click the graphic boxes below for details.
How Your Tax Dollars Are Invested
This information has been provided to all homeowners and businesses as part of the 2023 Tax Notice mailer. The graphic and chart show how your tax dollars are invested in the operation of the City. A printable PDF version of the document can be found HERE
2023 Financial Plan Highlights
Here is a summary of Capital Plan investments that are part of the 2023 Financial Plan. This information was included in the 2023 Tax Notice to all homeowners and businesses. A printable PDF version of the document can be found HERE