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.


2018 – 2022 Five Year Financial Plan

Over the next few months, District of Sooke Council will go through the process of approving the Financial Plan and Property Tax Rates for 2018. The process involves open dialogue and consultation with the residents of the District of Sooke with opportunities for the public to find out more about the District’s budgeting process. The Five Year Financial Plan and Tax Rate bylaws must be adopted by May 15, 2018.

Information regarding the 2018 budget and the 2018 – 2022 Five Year Financial Plan will be posted here as it becomes available.

 

Date

2018 -2022 Financial Plan Development Calendar

March 21, 2018
&
March 22, 2018
Special Council Meetings – BudgetDraft 2018 to 2022 Five Year Financial Plan – as presented March 21 and 22, 2018
Budget -Background Documentation
March 26, 2018 Regular Council Meeting
March 27, 2018 Special Council Meeting – BudgetProposed 2018 – 2022 Five Year Financial Plan as presented March 27 2018
April 3, 2018 Special Council Meeting – BudgetProposed 2018 – 2022 Five Year Financial Plan as presented April 3, 2018
April 5, 2018 Special Council Meeting – BudgetProposed 2018-2022 Five Year Financial Plan as presented April 5, 2018

 

View Regular and Special meetings (ALL open to the public) outlined below online at Agenda and Minutes.


 

2017-2021 Five Year Financial Plan

Over the next few months, District of Sooke Council will go through the process of approving the Financial Plan and Property Tax Rates for 2017. The process involves open dialogue and consultation with the residents of the District of Sooke with many opportunities for the public to find out more about the District’s budgeting process. The Five Year Financial Plan and Tax Rate bylaws must be adopted by May 15, 2017.

View Regular and Special meetings (ALL open to the public) outlined below online at Agenda and Minutes.

Date

2017-2021 Financial Plan Development Calendar

March 8, 2017 Review of Departmental Budgets: CAO Budget Overview, 2017 Budget Overview, Protective Services (RCMP, Fire Department), Council , Corporate Services,Financial Services, Revenues, Development Services, capital budgetWastewater                          (Note: Click on the department name to link to the presentation that was provided at the meeting. CAO and RCMP were verbal, following along with the Five Year Plan budget specific to that area, as presented below.)
2017 – 2021 Five Year Financial Plan as presented at March 8, 2017 Special Council meeting
March 9, 2017 Review of Departmental Budgets continued (remainder of items that do not get addressed the night before)
2017 – 2021 Five Year Financial Plan as presented at March 9, 2017 Special Council meeting
March 13, 2017 Review of Departmental Budgets continued (remainder of items that do not get addressed the night before)
2017 – 2021 Five Year Financial PLan as received at March 13, 2017 Regular Council meeting
March 22, 2017 Community Grant Application Presentations & Review
March 23, 2017 Community Grant Application Presentations & Review continued
March 29, 2017 Budget Finalization: Council approves the 2017-2021 Five Year Financial Plan. (Possible  first, second and third reading of the 2017 Five Year Financial Plan Bylaw)
March 30, 2017   (if required) Budget Finalization: Council approves the 2017-2021 Five Year Financial Plan.
April 2017 BC Assessment Authority provides the electronic copy of Revised Roll.
April 10, 2017 Adoption of 2017 Five Year Financial Plan Bylaw (or first, second and third readings if not  already completed)
April 24, 2017 The Director of Finance presents revised roll and first, second and third reading of the 2017 Property Tax Rate Bylaw (and Adoption of 2017 Five Year Financial Plan Bylaw, if not  already completed)
May 8, 2017 Council adopts the 2017 Property Tax Rate Bylaw.
Before May 15, 2017 Legislative requirement for approval of the 2017 Five Year Financial Plan Bylaw and  2017 Property Tax Rate Bylaw.

Bylaws

Five-Year Financial Plan

Property Tax Rate Bylaw

Financial Plans

(Unofficial copies – contact Director of Finance to verify):

2017 – 2021 Five Year Financial Plan
2016 – 2020 Five Year Financial Plan
2015 – 2019 Five Year Financial Plan
2014 – 2018 Five Year Financial Plan
2013 – 2017 Five Year Financial Plan
2012 – 2016 Five Year Financial Plan
2011 – 2015 Five Year Financial Plan
2010 – 2014 Five Year Financial Plan
2009 – 2013 Five Year Financial Plan
2008 – 2012 Five Year Financial Plan
2007 – 2011 Five Year Financial Plan
2006 – 2010 Five Year Financial Plan
2005 – 2009 Five Year Financial Plan
2004 – 2008 Five Year Financial Plan
2003 – 2007 Five Year Financial Plan
2002 – 2006 Five Year Financial Plan