2024 - 2028 Five Year Financial Plan / Budget 2024

The City of Kimberley has a strong history of sound financial management. Each year, the Finance team works with Council and City staff to develop a Five-Year Financial Plan - required to be completed by May 15th each year. The plan provides information on operating and capital budgets, project timing, funding sources, and property tax impacts.

Throughout this process, the public is invited to provide comment and ask questions about the plan. See those tools below.

Here, we will outline important meeting dates, ways the public can provide input, and links to all supporting documents and presentations. Information will be updated regularly with upcoming meeting dates, most recent presentations and links to meetings once complete.

Meeting #1 - Revenue Policy Overview - November 20, 2023

At this meeting, City DCAO/CFO Jim Hendricks presented information to and requested direction from Council in relation to the City's primary revenue sources as the initial step in the preparation of the 2024-2028 Five Year Financial Plan.

View the meeting on YouTube and follow the link below to review the policy overview presentation document.

2024-2028 Financial Plan Deliberations Revenue Policy Overview

Meeting #2 - Capital/Non-Capital Project Plan - January 15th, 2024

City CFO Jim Hendricks presented the 2024 - 2028 Capital and Non-Capital projects proposed for completion over the next five years. This was presented for information only and will be brought back to a future meeting for inclusion in the final Five-Year Financial Plan. The meeting is available to watch on YouTube. Find the link below.

YouTube Presentation: 2024-2028 Capital & Non-Capital Plan

Meeting Agenda and Report - 2024-2028 Capital/Non-Capital Project Plan

Meeting #3 - Capital/Non-Capital Project Plan for Adoption - February 5th, 2024

City CFO Jim Hendricks presented the 2024 - 2028 Capital and Non-Capital projects proposed for completion over the next five years and seek Council adoption of the proposed projects. The meeting was streamed live on YouTube. Find the complete meeting agenda HERE.

Meeting #4 - Capital/Non-Capital Project Plan for Adoption - March 4th, 2024

City CFO Jim Hendricks presented the 2024 - 2028 Capital and Non-Capital budget changes. The meeting was streamed live on YouTube Find the complete meeting agenda HERE.

Upcoming Meetings and Events – YouTube and Agenda links will be provided closer to the meeting dates

• Monday, April 22^nd, 2024
  • First three readings of the 2024-2028 Five-Year Financial Plan Bylaw
  • First three readings of the 2024 Tax Rates bylaw
  • First three readings of the Aquatic Centre Parcel Tax Amendment Bylaw
• Monday, May 13^th, 2024
  • Adoption of the 2024-2028 Financial Plan Bylaw
  • First three readings of the 2024 Tax Rates Bylaw
  • Adoption of the Aquatic Centre Parcel Tax Amendment Bylaw
• May 14^th – 24^th, 2024
  • Process and mail Property Tax Notices