Annual Budget

Each year, the Town undertakes an extensive budgeting process. Managers review their department’s operating and capital budgets to determine their needs for the upcoming year. Through a series of meetings these budgets are reviewed by Council for a final determination. These meetings are open to the public.

2020 Budget

On Tuesday, May 5, 2020, Council adopted the five bylaws which relate to the Town’s 2020 Budget and 5-Year Financial Plan.

The Town’s annual budget is comprised of three key components: Water Operations, Sanitary Sewer Operations and General Operations.

View highlights of the preliminary 2020 Water Operations Budget here.

View highlights of the preliminary 2020 Sanitary Sewer Operations Budget here.

View highlights of the preliminary 2020 General Operations Budget here. 

2020 Planned Capital Projects

The annual budget also plans for future Capital Projects. For 2020, the Capital plan totals $7.5 million. You can find more details about the Town’s planned capital projects here.

Legal Requirements

The annual budgeting process culminates in the creation of the Five-Year Financial Plan Bylaws and the Tax Rate Bylaws, both of which must be adopted by Council and then submitted to the Ministry of Community, Sport and Cultural Development by May 15th of each year.

Financial Statements

To view current and previous financial statements, click here.