Put on your thinking cap and get set, the City is cracking open the books for public viewing and comment on the 2013-2017 financial plan and budget.
A public meeting is scheduled for Tuesday, April 23 at 5 p.m. at Rossland City Hall (1899 Columbia Ave.) to present the City’s preliminary budget and five-year financial plan.
This will be the first public meeting regarding the budget and financial plan and people will have an opportunity to receive the presentation and ask questions regarding the proposed plan.
The Community Charter requires that City council adopt a five-year financial plan each year prior to the adoption of the annual Property Tax Bylaw.
The purpose of the five-year financial plan is to provide a budgetary framework for the City to plan the management of its resources, revenues and expenditures in order to “best serve the community.”
The five-year financial plan combines the 2013 operating budget, the 2013 capital budget and the 2013 utilities budget. The next four years of the five-year financial plan are estimates based on the economic forecasts for B.C. and internal plans. Each year, this rolling plan is reviewed and updated.