2023 Proposed Operating and Capital Budgets
Town of Didsbury Administration presented the proposed 2023 Capital and Operating Budgets for Council’s consideration on Saturday, December 3, 2022.
This meeting was open to the public and livestreamed on the Town's YouTube channel. See below for the slide presentation as well as the proposed budgets.
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 where department managers present their individual budgets to Council, who then have an opportunity to ask questions regarding the budget.
Ultimately, Council must adopt an Operating Budget for each calendar year. In the event that an operating budget is not adopted by December 31 of a given year, an interim Operating Budget may be adopted for part of a calendar year. Each year, a 3 year Multi-Year Operating Plan is reviewed and updated by Council.
2022 OPERATING BUDGET
The 2022 Operating Budget was approved by Council at the May 10, 2022 Regular Council Meeting. Click the link below to download the Approved Operating Budget Document.
The Capital Budget focuses on buying or building fixed assets, and includes the amounts to acquire, construct, remove or improve capital property, the anticipated sources and amounts of money related to the capital item and the amount to be transferred from the Operating Budget. Council must adopt a Capital Budget for each calendar year.
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 2023 Capital Budget was presented to Council on December 3, 2022, approved by Council on January 10, 2023, and amended on January 24, 2023. It may be further amended by Council through resolution.
The 2022 Capital Budget was presented to Council on December 8, 2021 and approved by Council on January 11, 2022 and may be further amended by Council by resolution. The amended 2022 capital budget is available below as well as the original Capital Budget presentation.
The 2021 Capital Budget was approved by Council on January 26, 2021, and amended by Council on February 9, 2021. Council can amend, add or remove items from the budget by way of Council resolution. Further amendments are documented on the Capital Budget cover sheet.
The Multi-Year Capital Plan (MYCP) was accepted by Council at the June 22, 2021 Council Meeting. The current year of the MYCP is amended as projects are amended by Council.
2020 - 2026 Multi-Year Capital Plan
The 2021 Operating Budget Workshop took place with Council and the public on March 27, 2021.The 2021 Operating Budget was approved at the May 19, 2021, Council Meeting.
The Multi-Year Operating Plan was accepted as information at the May 19, 2021, Council Meeting.