2020 Budget - Moving Mission Forward

Consultation has concluded- thank you to everyone who took part.

Mission updates its five-year financial plan each year to ensure its finances are managed responsibly and to reflect the priorities identified by Council and the community.

Council is currently considering the 2020 – 2024 Financial Plan. It includes specific funding requirements for 2020, and projections for 2021-2024.

At a high level the financial plan is made up of:

General Operating Budget

The budget that funds day-to-day operations. Any increases to this budget are proposed to allow the municipality to continue to provide the same services, at the same levels, for the coming year.

Capital Budget

The budget for major capital projects. The capital budget also provides a component to fund transfers to reserves for future projects.

Utilities

The operating and capital budgets for water, sewer, drainage, and waste management. These components are funded through user-fees and levies, and are included on your municipal tax notice.

New Initiatives

These are new initiatives proposed by staff based on Council’s strategic plan, Master Plans, and through ongoing work to identify opportunities to improve operations and service to the community.

Mission updates its five-year financial plan each year to ensure its finances are managed responsibly and to reflect the priorities identified by Council and the community.

Council is currently considering the 2020 – 2024 Financial Plan. It includes specific funding requirements for 2020, and projections for 2021-2024.

At a high level the financial plan is made up of:

General Operating Budget

The budget that funds day-to-day operations. Any increases to this budget are proposed to allow the municipality to continue to provide the same services, at the same levels, for the coming year.

Capital Budget

The budget for major capital projects. The capital budget also provides a component to fund transfers to reserves for future projects.

Utilities

The operating and capital budgets for water, sewer, drainage, and waste management. These components are funded through user-fees and levies, and are included on your municipal tax notice.

New Initiatives

These are new initiatives proposed by staff based on Council’s strategic plan, Master Plans, and through ongoing work to identify opportunities to improve operations and service to the community.