Fiscal 2023/24 Budget Summary

• No Change to Property Tax Rates
• $59.4 million dollar operating budget providing the efficient delivery of quality municipal services to its residents and businesses.
• Over $2.0 million dollars of enhanced capital reserve contributions as an initial step to bring them in line with the Policy-recommended balances and to support longer-term asset management objectives.
• $2.8 million dollars of grant funding, including a variety of grant programs, funding of community service partners, personal property tax exemptions, and not for profit tax exemptions.
• Personal Property Tax Exemption Program with income thresholds increased to $45,000 and maximum exemption increased to $510.
• An increased staffing compliment with an additional 12 FTE to support development growth, increased service demands, and to provide the resources needed to implement long-term municipal plans and to operationalize the strategic priorities of Municipal Council.
• Maintenance of healthy operating reserve funds.
• Robust Capital and Special Project Budget with 44 projects and spending of $27.6 million dollars.

2023-24 Budget Documents

Archive Budget Documents

Financial Statements