Budgets

Budgets

The Municipal Budget reflects the Municipality's commitment to addressing evolving community needs while maintaining fiscal responsibility. The Municipal Budget prioritizes projects, programs and service levels based on anticipated revenues and expenses for the next calendar year. Essentially, the budget is a carefully prepared document to which outlines spending allowances while ensuring there are adequate funds available to support the municipal services for the community.

Within the municipal budget, there are two major components:

• The operating budget accounts for the day-to-day expenses for operations, such as staffing facility maintenance, and utilities.
• The capital budget plans for the construction of new assets or replacement or improvement of existing assets where the cost has a multi-year benefit to residents.

If you have questions or feedback about the Municipal Budget, please contact us.