Budget and Finances
The Finance Department manages tax and water billings, budget and expenditure information, fiscal policies, accounts payable, payroll, receivables and cashier services.
As part of the public consultation piece for the 2021 budget, the Municipality has put together a budget survey for residents to participate in. To see the results of the 2021 Budget Survey please visit the Public Engagement page.
Each week the Municipality will be publishing a 2021 budget article to help inform residents about the budget process and why it's important. To view the 2021 Budget Spotlight please visit our Public Engagement page or subscribe to our Newsfeed to get the articles in your email.
Property Taxes |
Property taxes is one revenue source used to pay for municipal programs and services provided to residents. Besides municipal taxes your property tax bill includes education taxes, county taxes and a waste management fee. |
Budgets |
The municipality approves its capital and operating budgets annually. The budget establishes the required tax rates as well as user fees and water and sewer rates to pay for municipal programs and services for the year. The budget process identifies annually capital projects to be completed, such as the maintenance and replacement of infrastructure. 2021 Budget Documents2020 Budget Documents2019 Budget Documents |
Financial Statements and Reports |
Financial statements are prepared each year according to Public Sector Accounting Board standards. |
Asset Management Plan |
The Asset Management Plan is a long term planning document that establishes when to maintain, rehabilitate and replace municipal assets.
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Development Charges |
Development Charges help pay for the capital costs of services related to new development including roads, public works, fire protection, indoor and outdoor recreation, libraries, administration, daycare, wastewater, water and septage treatment. Rates are indexed annually. |
Long Term Financial Plan |
The long-term financial plan provides direction to both Council and Staff on target expenses, debt levels, reserves and taxes. The plan does not include water and sewer because they are not paid from taxes but from water and sewer rates for the service. Water and sewer has a separate financial plan. |
Municipal Grants |
Organizations seeking support can apply annually for municipal grants. Applications are included in the annual budget process and organizations are notified of their allocations, if approved, once the budget has been finalized. Applications for 2021 will be accepted until November 30, 2020. |
Fees and Charges |
A Fees and Charges Bylaw is reviewed and passed annually by Council to establish user fees for services provided by the municipality. Please click on the links below to view the by-laws. |
Water and Sewer Rates |
The water and sewer services rates bylaw is passed annually following completion of the budget and sets both an annual base charge and a rate for consumption. |