The Town’s budget is a strategic document that supports the achievement of collective goals. Municipal operating and capital budgets are funded primarily by property taxes, user fees, and grants, and transfers from other levels of government. Each year, municipalities are required to balance their budgets and to allocate a set amount of funding to service areas in order to maintain service levels. Unlike provincial and federal government levels, towns are not allowed to budget for deficits.
The Town’s annual operating budget pays for a wide range of municipal services including fire and emergency services, roads and parks maintenance, recreation programs, waste collection and management, policing, and library services. The Town’s capital budget funds capital maintenance and replacement of infrastructure that support municipal service delivery as well as other capital priorities as determined by Town Council.