Search
Search
Facebook

Budget Planning


Municipal Budget Planning

Financial budgeting is a planning tool that enhances local government accountability and service delivery, and sets out their legal expenditure authority. The legislation establishes requirements and deadlines for the adoption of financial plans, and a local government may amend its plan during the year for unexpected expenditures.

Legislative Requirements

Local governments must annually adopt a financial plan in accordance with the Local Government Act and the Community Charter. The planning period for the financial plan must include the current fiscal year and the next four fiscal years (five-year plan). At a minimum, the plan must include:

  • Proposed expenditures (operating, capital, interest, and principal payment on debt), funding sources (for example, taxes, fees, grants, new borrowing, and debenture debt), and transfers to and from reserve funds and surplus
  • Objectives and policies for the fiscal year regarding the distribution of funding sources, the distribution of property taxes amongst various property classes, and the use of any permissive tax exemptions

A local government must not budget for a deficit (planned expenditures and transfers to funds cannot exceed planned revenues, transfers from funds, and other cash contributions). However, if actual expenditures and net transfers from the previous year exceed that year's revenues and contributions, the resulting deficiency must be carried forward to the current year's financial plan as an expenditure.

Municipalities must adopt their financial plans before they adopt their annual tax rate bylaws (which must be adopted before May 15 each year).

2021 Budget Survey Results Report

For an overview of the results analysis of our survey see our 2021 Budget Survey Response Summary or for a summary of each question view the 2021 Budget Survey Question Data.

How to get involved?

The District welcomes budget feedback from the community at all times throughout the year. To get involved with the budget planning process you can:
Submit your feedback to: doh@houston.ca

Budget Planning Process

September - October:

  • Municipal Staff Prepare Draft Budgets for their Department

November - December:

  • Preliminary Community Consultation, including Budget Surveys, Education, & More
  • Review of Departmental Budgets by the Director of Finance
  • Drafting of Operational, Equipment, and Supplementary Project Budgets
  • Draft Operating Budget Presented for Council Discussion

January-February:

  • Draft Supplementary Project Budget Presented for Council Discussion
  • Supplementary Project Budget undergoes Council approvals, cuts, or deferrals

March-May:

  • First Presentation of Consolidated 2021-2025 Financial Plan
  • Review of Revised Assessment Roll & Establishment of Tax Rates
  • Adoption of Financial Plan and Tax Rates Bylaw

Current Budget Planning Documents

2021-2025 Base Budget Estimates

2021-2025 Equipment Fund

2021-2025 Proposed Project Sheets

2021-2025 Project Proposals

Copyright © 2021 District of Houston - All Rights Reserved
Site By Trinex Internet Solutions