Budget Planning
Each year, the District of Sooke Council must adopt a five-year financial plan, with the current year of the plan being the annual budget. The financial plan identifies both operating and capital expenditures balanced against revenues from such sources as:
- property tax
- sale of services
- grants
- transfers from other governments
The financial plan is developed by Council through their strategic planning process and identifies for staff, and the public, what types and quality of services are to be provided. A public consultation process is required for the financial plan and the municipality must produce annual audited financial statements in accordance with generally accepted accounting principles Public Sector Accounting Board of the Canadian Institute of Chartered Accountants. The audited statements must be included in the Annual Municipal Report.
2021-2025 Five-Year Financial Plan
The planning process for the 2021-2025 Five Year Financial Plan has begun. Council and staff are eager to hear from you, below you will find a list of dates and events where you will be able to provide your feedback and learn how municipal budgeting works!
| 2021-2025 Five-Year Financial Plan Schedule | |||
|---|---|---|---|
| Event/ Meeting | Date & Time | Details | Links/ Documents |
| Online Survey | September 2-30, 2020 | Citizen Budget - interactive online engagement | Survey Now Closed |
| Mail Out | September 24-October 13 | 100 random households selected to complete a budget questionnaire | n/a |
| Special Council Meeting | October 21, 2020 @ 1:00 pm | Survey results, questionnaire results, Service level review, Department budget requests (presented to Council) | Links to come |
| Regular Council Meeting | TBD | 1st Reading of the bylaw (draft budget presented) | Links to come |
| Committee of the Whole Meeting | TBD | Fulsome review of budget | Links to come |
| Regular Council Meeting | TBD | 2nd Reading of the bylaw | Links to come |
| Virtual Open House | TBD | Online open house via MS Teams (registration will be required) | More information to come soon! |
| Regular Council Meeting | TBD | 3rd Reading of the bylaw (Formal Public Input) | Links to come |
| Regular Council Meeting | TBD | Adoption of the bylaw | Links to come |
If you have any questions please contact us at info@sooke.ca.
Be sure to check back to stay informed on how you can continue to participate in the budget-planning process.
2020 – 2024 Five Year Financial Plan
At the May 11, 2020 Special Council meeting, an Amended 2020 – 2024 Five Year Financial Plan and accompanying bylaw, were adopted.
All information regarding the 2020 budget and the 2020 – 2024 Five Year Financial Plan is provided below.
| 2020 Budget Process | |||
|---|---|---|---|
| Date & Time | Meeting/ Event | Additional Information | Documents |
| Monday, November 4, 2019 @ 1:00 pm | Special Council Meeting | Service Level Review | Council Presentation Agenda Draft 2020-2024 Financial Plan Minutes |
| Thursday, December 5, 2019 @ 1:00 pm | Special Council Meeting | Draft Financial Plan, Budget Presentations and 1st & 2nd reading of Financial Plan Bylaw | Agenda Presentation Minutes |
| Wednesday, January 22, 2020 at 2:00 pm - 8:00 pm | Open House in Council Chambers 2225 Otter Point Road | Public Discussion on Financial Plan & Access to Online Survey | Survey Closed Results included in February 3, 2020 Committee of the Whole agenda. |
| Monday, February 3, 2020 at 1:00 pm | Committee of the Whole Meeting | Budget Discussion | Agenda Minutes |
| Monday, February 10, 2020 at 7:00 p.m. | Regular Council Meeting | Two Reports - on information from the February 3 Committee of the Whole meeting | Agenda Minutes |
| Tuesday, February 18, 2020 at 7:00 pm | Committee of the Whole Meeting | Further discussion on the budget items. | Agenda Minutes |
| Monday, March 9, 2020 at 7:00 pm | Regular Council Meeting | 3rd Reading of the Bylaw | Agenda |
| Monday, March 23, 2020 at 7:00 pm | Regular Council Meeting-CANCELLED | Formal Public Input & Adoption of Bylaw | Meeting will be rescheduled - please check back for date |
| Tuesday, March 31, 2020 | Special Council Meeting | Adoption of Bylaw | Agenda |
| Monday, May 11, 2020 | Regular Council Meeting | Adoption of Amended Bylaw | Agenda Amended Five Year Financial Plan 2020 to 2024 |
| Note: This information will be updated frequently. Please check back often. | |||
View Regular and Special meetings (ALL open to the public) outlined below online at Agenda and Minutes.
Bylaws
Five Year (2020 – 2024) Financial Plan Bylaw