The budget serves as a policy document, financial plan, operations guide and a communications device. The budget guides administration on the priorities of Council and determines the total amount of taxes to be levied on residents and business of the community.
There are two components of the budget:
The Operating Budget outlines the plans for a municipality’s day-to-day operations and includes expenses such as: salaries, materials, utilities, and maintenance of buildings and infrastructure.
The Capital Budget outlines the plans for the purchase and financing of major assets including: infrastructure, lands, buildings, machinery and equipment.
Like any household or business, the needs and wants within the County are often greater than what can be afforded. Each year, as part of the budget process, choices must be made which directly impact the level of services provided by the County.
The annual budget takes into consideration competing priorities and challenges, while at the same time strives to provide high quality services for all citizens.