Annual Budget Process

Each year, the Village develops an annual budget to meet community needs and balance the delivery of services with property taxes and user fees.

The Village is committed to financial transparency and strong fiscal management which form a foundation of the budget process. The budget is developed to manage current demands but also incorporates the longer term strategy and vision for the Village through its Financial Plan.

Preparation of the budget is guided by:

  • The leadership of Council and Staff;
  • Feedback from the community through meetings, "Have your Say" surveys, letters to Council, and discussions; and
  • Thoughtful community planning and research. 

Timeline of Annual Budget Process

Time Frame Budget Stages
September through December Operational and project budget planning
January through March Committee of the Whole Budget Sessions
March Public Information Session
April - May Regular Council Meeting - adopt 5 Year Financial Plan Bylaw & Tax Rates Bylaw
May Tax Notices Issued
July Property Taxes and Utility Fees due

Five Year Financial Plan

Planning Ahead

Section 165 of the Community Charter requires a Five Year Financial Plan to be adopted annually. Each year Council reviews the priorities and goals for the upcoming year and directs Staff to prepare a comprehensive Five Year Plan.

The Plan sets out objectives and policies of the Village and includes funding sources, distribution of tax burden, use of permissive tax exemptions, proposed expenditures and proposed transfers between funds.

A Five Year Financial Plan fosters a long-range perspective for decision makers. It can be used as a tool to prevent financial challenges, encourage long-term and strategic thinking, give consensus on long-term financial direction, and is useful for communications with internal and external stakeholders.

The Five Year Financial Plan is updated each year to reflect changes that may have taken place as a result of the strategic priorities, new opportunities, or the adjustment of timing on projects and initiatives. 

Documents

April 21st, 2020 - Proposed Village of Pemberton 2020-2024 Five (5) Year Financial Plan & Bylaw

April 28th, 2020 - 2020-2024 Five Year Financial Plan | Information Report

Adopted May 5, 2020 - 2020-2023 Five (5) Year Financial Plan Bylaw

Past budget information

2022 Budget Deliberation Reports

2022 Public Budget Information Session Presentation

February 1, 2022 - Draft Budget Information Report | Budget Session #1

February 22, 2022 - Committee of the Whole Meeting Agenda | Budget Session #2

2021 Budget Deliberation Reports

February 2, 2021 - Draft Budget Information Report | Budget Session No. 1

February 16, 2021 - Draft Budget Information Report | Budget Session No. 2

March 2, 2021 - Draft Budget Information Report | Budget Session No. 3

March 16, 2021 - Draft Budget Information Report | Public Budget Information Session

March 16, 2021 - Final Budget with Tax Implications and 5 Year Financial Plan Report | Budget Session No. 4

Taxes and Utilities

As in all municipalities, property taxes are the primary source of revenue for the Village and are used to fund a variety of municipal programs, services and reserves.

Under the Community Charter, municipalities may recover part or all of the cost of providing services by levying taxes against properties. Village Staff and Council work diligently to ensure core services are maintained while supporting other initiatives and service improvements that are important for the community. Ensuring that residents receive good value for their tax dollar is of great importance to Council and Staff, and forms a key element of budget deliberations each year. 

Learn more about Property Taxes, Homeowner Grants, and Ways to Pay

Links

2020 Tax Rates Bylaw

2020 Sewer Rates Bylaw

2020 Water Regulation Connection & Rates Bylaw

2019 Tax Rates Bylaw

Home Owner Grant

Property Tax Deferment