Council concluded budget deliberations Jan 12th, 2017. See the media release here.
Highlights from the 2017 Financial Plan Workshop
On October 25, 2016, the City's Director of Finance provided a presentation to Council and residents on the 2017 Financial Plan.
See the presentation slides.
Highlights from the 2017 Financial Plan Workshop
Operating Budget Key Points:
- Taxes are favourable compared to other municipalities in the region
- Asset management plans and condition assessments are key to establishing adequate reserve funding levels
- City departments have experienced multi-year budget tightening and cannot sustain further budget adjustments without impacting service levels
- Need to plan for declining development revenues
- A 2.76% tax increase is needed to maintain current service levels
- The total proposed tax increase of 2.76% equates to about $51 for the average single family home
Capital Budget Key Points:
- The 1% Building Replacement Asset levy is very important
- A building replacement prioritization process needs to be undertaken
- Building reserves:
- Reduces long-term costs,
- Allows for proper asset management and
- Ensure sustainable City services
- Leverage land whenever possible and avoid selling
2017 Proposed Business Plans & Budget
Each fall the City prepares business plans and budgets for the following year. Meetings are open to the public and will be conducted in Council in Committee format with a question and comment period provided at the end of meeting.
See the full Corporate Business Plan, including each department's business plans. Public presentation on these plans will be held at City Hall on Wednesday, December 7th and Monday, December 12th. See below for individual department plans.
Business Plan Presentation Schedule
Wednesday, December 7, 2016 5:30pm - 8:00pm
| Business Plans | Time |
| Corporate Business Plan overview | 5:30 - 6:00pm (1/2 hr) |
| Office of the CAO/Administration Services | 6:00 - 6:15pm (1/4 hr) |
| Library | 6:15 - 6:30pm (1/4 hr) |
| Police | 6:30 - 7:00pm (1/2 hr) |
| BREAK | 7:00 - 7:15pm (1/4 hr) |
| 2017 5-Year Utilities Financial Plan | 7:15 - 8:00pm (3/4 hr) |
Monday, December 12, 2016 9:00am - 2:30pm
| Business Plans | Time |
| Finance | 9:00 - 9:15am (1/4 hr) |
| Parks & Facilities | 9:15 - 9:45am (1/2 hr) |
| Recreation | 9:45 - 10:15am (1/2 hr) |
| Events / Arts / Culture / Heritage | 10:15 - 10:30am (1/4 hr) |
| BREAK | 10:30 - 10:45am (1/4 hr) |
| Development Services | 10:45 - 11:15am (1/2 hr) |
| Emergency Management | 11:15 - 11:30am (1/4 hr) |
| Fire & Rescue Services | 11:30 - 12:00pm (1/2 hr) |
| BREAK | 12:00 - 12:45pm (3/4 hr) |
| Operations | 12:45 - 1:15pm (1/2 hr) |
| Engineering | 1:15 - 1:30pm (1/4 hr) |
| Environmental Services | 1:30 - 1:45pm (1/4 hr) |
| Human Resources | 1:45 - 2:00pm (1/4 hr) |
| Civic Engagement / Communications | 2:00 - 2:15pm (1/4 hr) |
| Information Technology | 2:15 - 2:30pm (1/4 hr) |
Budget Deliberations
| Dates | Time |
| Wednesday, January 11, 2017 | 5:30pm-9:00pm |
| Thursday, January 12, 2017 | 5:30pm-9:00pm |
| Monday, January 16, 2017 (if required) | 5:30pm-9:00pm |
(All times are approximate)
Business Plans by Department
CAO/Corporate Administration
Library Services
RCMP/Police Services
Financial Services
Community Services (Development Services; Recreation; Parks & Facilities; Special Events; Arts, Culture & Heritage; Emergency Management)
Fire & Rescue Services
Operations & Engineering - Operating
Operations & Engineering - Capital
Corporate Services (Human Resources, Communications & Information Technology)