The operating budget represents the day-to-day costs to operate the Town and provide programs and services. The Council uses the budget to set priorities in a given year by setting aside money for programs and services.
The operating budget is driven by strategic goals and departmental initiatives. The budget process includes a public meeting which department managers present their individual budgets to Council who have an opportunity to ask questions regarding the budget. The 2019 Town of Didsbury Operating Budget Presentation information is available to the public during and after this meeting.
Ultimately
The capital budget focuses on buying or building fixed assets and includes the amounts to acquire, construct, remove
The Town of Didsbury also prepares a multi-year written capital plan which reflects its anticipated capital property additions over time. The multi-year plan is used in the annual capital budgeting process, however, it is not in itself a budget. Therefore the multi-year plan may differ from any given annual adopted capital budget. The most recent copy of this plan can be found here: 10-Year Capital Plan
For previous year's budget documents, please CLICK HERE.
On an annual basis the Auditor, appointed by Council, audits and reports on the Town’s Financial Statements and Financial Information Return (FIR) as prepared under the Government of Alberta standard format. The audited Financial Statements disclose the financial results for the year as well as notes to the financial statements to further explain those results. The audited Financial Statements are prepared in accordance with Canadian Public Sector Accounting Standards.
