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.
This 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.
To view current and previous financial statements, click here.
2020 Annual Budget
On January 22, 2020, Lorraine Coughlin, Director of Finance presented a report on the Town’s long-term financial plan for its Water and Sanitary Sewer systems to Council.