Section 155 of The Municipalities Act provides that a council shall adopt an operating and capital budget for each financial year. No council shall authorize a tax levy in accordance with section 283 with respect to a financial year unless it has adopted the operating and capital budget for that year.
Section 157 of the Act provides that a council may prepare and adopt a capital works plan for a period of not less than five years, including the current year, showing the estimated capital cost and the proposed sources of financing for each capital work for each year of the plan.
Operating Budget and Capital Budget
This 2023 Pre-Budget Survey has a number of questions for you to provide your preferences on spending priorities. The results of this survey will give the Town Council a sense of your priorities before budget deliberations begin.