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Financial Reporting & Budgets

 

Reporting & Budgets

Treasury is responsible to ensure compliance with a variety of legislated reporting requirements. Some of the required reports include the annual Financial Information Returns, annual Financial Statements, etc. All of these reports which may be of interest to taxpayers are available to the public in the document manager below. 

The Municipality passes an annual budget that consists of two parts, an operating budget, which includes all the expenditures required to deliver the day-to-day Municipal services and the expected revenue (i.e. user fees, permits, etc.) and a capital budget which includes one-time expenditures for major projects or infrastructure whether new or existing (i.e. roads, sidewalks, bridges, etc.).  The Municipality also passes separate budgets for water and wastewater each year.

 

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