Budget 101
What is the municipal budget?
Every year, Council approves a municipal budget that helps guide how public funds will be used to support programs, services, infrastructure, and operations in the community.
The budget helps ensure services continue to operate while planning for future community needs.
Where does municipal revenue come from?
Municipal revenue may come from:
- Property taxes
- User fees and service charges
- Provincial and federal grants
- Transfers and partnerships
- Other municipal revenues
Property taxes are one of the primary sources of municipal funding.
What does the budget support?
Municipal budgets help fund services such as:
- Public works and infrastructure
- Parks and recreation
- Fire protection
- Policing partnerships
- Water and wastewater systems
- Snow clearing and road maintenance
- Community programs and facilities
What is the difference between an operating budget and a capital budget?
- The operating budget covers day-to-day services and costs, such as staffing, programs, maintenance, utilities, policing, fire services, and recreation.
- The capital budget covers larger projects and long-term investments, such as road work, equipment, facility upgrades, trails, sidewalks, and other infrastructure.
How does Council decide what to fund?
Council reviews priorities, community needs, service requirements, infrastructure needs, staff recommendations, and available funding. The budget process helps Council make decisions about what projects and services can move forward in a responsible way.
What are tenders and procurement?
Tenders and procurement are part of how the Town buys goods and services or hires contractors for certain projects. This process helps make sure public money is spent fairly, openly, and responsibly.
Why does the Town use tenders?
When the Town needs work completed, equipment purchased, or services provided, it may issue a tender, request for proposals, or other procurement opportunity. Businesses and contractors can submit bids or proposals, and the Town reviews them based on the requirements of the project
Does the lowest price always win?
Not always. Cost is important, but the Town may also consider experience, qualifications, project approach, timelines, safety, quality, and whether the submission meets the requirements. The goal is to choose the best value while following proper purchasing rules.
How can people find current tender opportunities?
The Town posts tender and procurement opportunities publicly so vendors, contractors, and service providers can review open opportunities and submit if they are interested. This helps keep the process transparent and fair.
Why does this matter to residents?
Budgeting and procurement affect how community projects are planned, approved, and completed. They help ensure public funds are used carefully and that residents receive reliable services and infrastructure.