Budget principles

Budget planning begins with Council’s vision for the Town, developed through a strategic planning process. The budget helps prioritize and balance available resources.

Council aims to balance:

  • Service levels
  • Affordability
  • Sustainability

Budget process

Budget planning is a continuous process guided by the Town’s long-term plans.  The annual budget is shaped by Council priorities, public input, financial studies, and asset lifecycle needs. Council receives financial reports about the budget throughout the year.

Budget timeline

Preparation of the annual budget begins in the summer:

  • July to late November – Public input and community priorities
  • September – Budget Call Report presented to Council
  • November – Mayor tables 2026 budget for Council review and consideration; Council workshop held
  • December – Budget discussed at Council meeting