Budget Inquiries • Phone: 604-820-3772 • Fax: 604-826-1363
It’s Your Business – 2017 Budget
The District’s 2017 budgeting process is now complete. View a detailed listing of additions to the District’s budget and an explanation of how this budget affects the average assessed residential home. Information is here to explain how your property taxes will be affected by the 2017 assessment increases.
The District updates its five-year financial plan each year to ensure the District’s finances are managed responsibly and to reflect the priorities identified by Council and the community. The 2017-2021 Financial Plan provides funding requirements for 2017 and projections for 2018-2021 that indicate future requirements for the Municipality at a summary level.
Each Council, at the beginning of their term, adopts a comprehensive strategic plan that outlines their goals and objectives for the next four years. This strategic plan is used to focus limited resources, with the goal of linking work and new projects to Council’s goals and objectives.
Council approves the five-year financial plan each year. The financial plan or budget, details municipal spending which may increase of the previous year’s budget. Budgets affect property taxes collected. If the District’s overall budget increases, property taxes may increase.
Online budget consultation is now closed. You can still read the 2017 Budget Highlights document.
Click on the image to open the document.
Open and Transparent Budget
Over the summer, Departments are reviewing and updating their 2017 budget numbers prior to the budget discussion meetings with Council. New spending initiatives will also be brought forward for Council’s consideration.
Once again, a “Citizen’s Survey” will be available on our website for two weeks in August, with the results being part of the budgeting discussions with Council. Stay tuned for the unveiling of the Survey.
Council and staff welcome input on developing the budget and financial plan from all our stakeholders. There are several opportunities for informal input including the Survey, and/or emailing firstname.lastname@example.org with your comments or questions.
A more formal opportunity for stakeholders to comment on the 2017 budget will be at the upcoming scheduled Community Budget Consultation meeting on Monday, November 7, 2016 starting at 7:00 pm in the Council Chambers. Stay tuned as additional information will be posted under the “Budget News” tab.
Below is a listing of the upcoming Freestanding Committee of the Whole (Corporate Admin & Finance – Budget) meetings where 2017 budget discussions will take place. All budget meetings are webcast for everyone’s convenience.
|Sept 7, 2016 – Capital Budget||Agenda|
|Sept 14, 2016 – Operating Budget||Agenda|
|Oct 05, 2016 – Utilities Budget||Agenda|
|Oct 20, 2016 – Operating Budget||Agenda|
|Nov 07, 2016 – Budget Consultation||Agenda|
|Nov 16, 2016 – Final Budget Discussions||Agenda|
For additional information check out:
- Historical Budget Information – previous years’ budget highlights documents
- Finance Matters a series of articles addressing key topics to help you understand the District’s finances and terminology
- Historical Rate Changes – Includes Council approved budget increases, municipal utility rate increases, and CPI changes