Financial Plan

The Community Charter requires Council to adopt a 5-Year Financial Plan bylaw each year before adopting the Property Tax Bylaw. The purpose of the 5-Year Financial Plan is to provide a budgetary framework for the City to manage its resources, revenues, and expenditures to best serve the community.

The Financial Plan provides detailed funding requirements and articulates financial priorities and issues. It helps staff manage day-to-day operations by providing financial and policy information and identifying financial and staffing resources available to provide services.

The plan serves as a communication device that gives all readers a comprehensive look at the city's services and related costs.