Budget Planning-BANNER 1200x125637425412382489045

Schedule of events

Join the Committee of the Whole meetings to watch presentations from each department and participate at the question and answer session following the meeting. Check out the agendas for more information and the calendar for links to join.

Public participation sessions are scheduled for noon on the Monday following each committee of the whole meeting so Council can hear from you. Two evening public participations sessions are also planned:

  • Wed March 10, 3pm: Committee of the Whole - Tourism, Library, RCMP, One-time and New Operating requests, Capital budget requests
  • Mon March 15, 12pm: Public participation on topics from March 10 Committee meeting
  • Wed March 24, 3pm: Committee of the Whole - Capital Budget requests
  • Mon March 29, 7:30 - 8:30pm: Public participation - Capital budget requests
  • Wed March 31, 3pm: Special Committee of the Whole - Capital budget requests and deliberation
  • Tues April 6, 12pm: Public participation session on topics from March 31 Committee meeting
  • Wed April 14, 3pm: Special Committee of the Whole - Capital budget requests and deliberation

Council will continue budget deliberations into April, with the final 2021 Budget and Five Year Financial Plan to be adopted before May 15, per the Community Charter. Special Committee of the Whole Meetings may be scheduled if additional time is needed.

Other ways to Have Your Say:

  • Click on the department links above to take the budget surveys.
  • Email us at finance@sechelt.ca
  • Call and ask to speak to a member of the budget team 604-885-1986

Budget Process

The district of sechelt budgets on a five year plan as required by the community charter.  This page provides information on the where our  money comes fromhow we spend it and the timeline for the budget process.

The Five Year Financial Plan continues the District’s focus on building long–term financial stability and sustainability for our municipality and its citizens and provides details on the 2021 annual budget. Many of the priorities included in the 2019 - 2022 Council Strategic Priorities will be reflected in the 2021-2025 Financial Plan.

The community charter states that “ a municipality must have a financial plan that is adopted annually, by bylaw, before the annual property tax bylaw is adopted . the charter also states that “each year, after adoption of the financial plan but before may 15, a council must, by bylaw, impose property value taxes for the year”. 

in sechelt the budget process starts in the summer, with each department planning ahead for the next year on  finding efficiencies and improving or Expanding services to achieve our strategic goals. We ask or residents and business owners to contribute too. all the ideas are presented to council for consideration.

Council will consider all options and decide what will most benefit sechelt in the long term. This is done through careful examination of existing costs and services, consulting with the public and making sure our assets and infrastructure will continue to serve our community for years to come. 

Fast Facts:

  • a 1% tax increase equals approximately $16.20 for each residential property
  • a 1% tax increase adds about $96,000 to the budget
  • the total operational budget last year was $3.7 million for sewer and $13.8 million for everything else.
  • the total capital budget last year was $1.8 million for sewer and $13.9 million for everything else.

 

Where does our money come from?

 

Similar to most Canadian municipalities, taxation is the District’s largest source of revenue at 33% of funding, and finances the majority of services provided.

This chart outlines how property taxes are distributed between property classes based on the 2020– 2024 Financial Plan. The District collects taxes from a variety of sources each year with the majority, 86%, coming from residential property taxes.

Where does our money go?

The District provides services to the community by incurring operating and capital costs. For each service, the capital costs of equipment, infrastructure, or facilities needed to deliver the service must be considered, in addition to the ongoing operational and labour costs of providing that service.

Last year half of our budget was spent on compensation and benefits for 2 part time, 6 casual and 60 full time staff. A quarter of the budget was spent on contracted services. 

Expenses by department - 2020 fiscal year

 

follow us
 

Follow us on facebook to join in the chats and learn about upcoming opportunities to learn more and share your views.