2019-2023 Financial Plan (Budget)
Our 2019-2023 Financial Plan contains our operating and capital budget, highlights of our work program, and the proposed tax increase for 2019.
Core services, such as public safety, transportation and recreation, and investments in new infrastructure and renewal of the existing built environment are primarily funded by your tax dollars.
We allocate funds to the highest service and infrastructure priorities, and your feedback plays a critical role.
The 2019-2023 Financial Plan was approved by Council on October 1, 2018.
- Download the 2019-2023 Financial Plan
- Download a summary of input we received from the public on the draft plan
The process we followed to create the 2019-2023 Financial Plan
| Date | Meeting purpose | Time & Location | Comments |
|---|---|---|---|
| Tuesday, June 19, 2018 | 2019 budget update | Committee Room, 5:00-7:00pm | Workshop |
| Monday, July 16, 2018 | First three readings of utility and user fees and charges | Council Chamber, 7:00pm | Regular Council meeting |
| Monday, July 23, 2018 | Final adoption of utility and user fees and charges | Council Chamber, 7:00pm | Regular Council meeting |
| Monday, September 17, 2018 | 2019 budget introduction: Draft Financial Plan Workbook | Council Chamber, 7:00pm | Regular Council meeting |
| Thursday, September 20, 2018 | Community Associations briefing | Committee Room, 7:00-9:00pm | Financial Plan meeting |
| Monday, September 24, 2018 | Public input and Council opening remarks | Council Chamber, 7:00pm | Regular Council meeting |
| Tuesday, September 25, 2018 | Financial Plan deliberations | Committee Room, 5:00-7:00pm | Workshop |
| Tuesday, September 25, 2018 | First three readings of Financial Plan bylaws | Council Chamber, 7:00pm | Regular Council meeting |
| Monday, October 1, 2018 | Final adoption of Financial Plan bylaws | Council Chamber, 7:00pm | Regular Council meeting |
Approved Financial Plans from previous years
| Date | Financial Plan document |
|---|---|
| 2018-2022 | Download |
| 2017-2021 | Download |
Financial planning and municipal government
All municipalities in BC must have a financial plan (or budget) that is adopted annually, by bylaw, before the annual property tax bylaw is adopted. The financial plan may be amended by bylaw at any time.
The planning period for a financial plan is 5 years, that period being the year in which the plan is specified to come into force and the following 4 years.
The financial plan must set out the following for each year of the planning period:
- proposed expenditures by the municipality
- proposed funding sources
- proposed transfers to or between funds
A process of public consultation regarding the proposed financial plan must be undertaken before the plan is adopted.
Roadmap to a sustainable future
Through our Official Community Plan (OCP) policies, we are fulfilling our community's vision of vibrant, sustainable neighbourhoods where everyone is welcomed and valued.
Our many social, environmental, and economic plans are helping us implement those policies.
