Budgets and Financial Plans
Every year City Council and City staff work together to develop an annual budget and Five-Year Financial Plan.
The budget serves as an outline for how money that comes into the City should be spent to maintain and improve the City. As the City is limited by the amount of resources available, the budget helps determine which objectives have the highest priority and will produce the greatest positive impact on the community.
What influences the budget
The budget process, and the decisions that must be made on how to best lead the development of a safe, vibrant and sustainable city, are supported by the following plans:
- 2018-2022 FINANCIAL PLAN
- City of Castlegar Asset Management Plans
- OFFICIAL COMMUNITY PLAN
The budget is an important process where public priorities are discussed and debated and where important choices are made by Council; both strategic choices and choices in the allocation of scarce resources. It incorporates a long-term perspective, establishes linkages to organizational goals, and focuses budget decisions on results and outcomes.
Budget Meetings
Council will be discussing the Draft 2021 - 2025 Financial plan on the following dates:
Thursday, December 3, 2020 at 5 p.m.
Thursday, December 10, 2020 at 5 p.m.
City staff will present the departmental operating and capital budgets at these meetings which will be broadcast live via Zoom.
The public is encouraged to get involved in the budget process by tuning in to ask questions and provide ideas and input into the budget.
Budget Consultation
Once Council has had the chance to review and debate the Draft Budget, the public will have three weeks, starting on December 17 to review the budget on the City's website where there will be an opportunity to provide comments and ask questions.
Due to the COVID-19 pandemic, a budget open house will take place online. The virtual open house will take place on Thursday, January 14, 2021 at 5 p.m., where the public can ask questions of Council and provide feedbacks on the draft budget.
Contact
For inquiries, comments and questions about our Annual Reports and/or Financial Plans, contact the Financial Services Department at:
460 Columbia Avenue
Castlegar, BC V1N 1G7
Email: finance@castlegar.ca
Phone: 250-365-7227
RELATED LINKS
Downloads
Official Community Plan Amendment Guide to Procedure
2016-2018 Strategic Plan