2025 Financial Plan Highlights

    2025 Financial Plan Documents

    Archived Financial Plans by Year

    Financial Plan
    • 2010 & Earlier
    • 2011
    • 2012
    • 2013
    • 2014
    • 2015
    • 2016
    • 2017
    • 2018
    • 2019
    • 2020
    • 2021
    • 2022
    • 2023
    • 2024
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    • 2010 & Earlier
      1
    • 2011
      1
    • 2012
      2
    • 2013
      1
    • 2014
      1
    • 2015
      1
    • 2016
      1
    • 2017
      1
    • 2018
      2
    • 2019
      2
    • 2020
      2
    • 2021
      5
    • 2022
      4
    • 2023
      3
    • 2024
      8
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    Borrowing

    How does borrowing work?

    It is very similar to getting a loan to build a home.

    • We get approval to borrow a certain amount. The amount approved for borrowing is not necessarily the amount we will borrow; it is a maximum amount.
    • Before we actually borrow, we complete the project and pay for it either with money on hand, a short term loan or a line of credit. We will also be seeking grants and other cost saving opportunities to help reduce the amount borrowed.
    • Once the project is completed, council will look for the best rate and borrow the funds that were spent
    • Loan payments would have an expected start date and then at that point, the loan payments will be collected from residents through their annual property tax bill.
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