Council to examine budget

Member of municipal council will work through the 2015 budget in the coming weeks.

Member of municipal council will work through the 2015 budget in the coming weeks.

The 99-page preliminary budget document was presented to municipal council earlier this month.

It has also been posted to the municipality’s website.

The preliminary budget calls for $11,587,347 in total revenue for the municipality’s general fund in 2015, with operating expenses of $10,903,614.

This leaves $683,732 for discretionary spending.

The general fund does not include the electrical, water or sewer utilities. Each of these has its own budget, funded by user rates, levies and grants.

The municipality will hold a series of committee meetings and an E-town hall meeting to consider the budget for the coming year.

At the Jan. 12 Committee of the Whole meeting, council will review the core operating budgets for the coming year.

Additional reviews will be held on Jan. 15, 19 and 22 to examine core budgets and discretionary spending.

The bylaw is expected to come before council for first reading on Jan. 26.

The E-town hall meeting is planned for Feb. 16.

The second and third readings are expected for the Feb. 23 meeting, with adoption expected at the March 9 meeting.

 

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