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Please note:  Minister Jamie Fox has extended all Municipal Government Act administrative deadlines until further notice. This includes the requirement for a public meeting in respect of the financial plan, adoption of the financial plan by council, and submission of the financial plan to the Minister.

The deadline for council to adopt a complete financial plan for the upcoming fiscal year (April 1, 2020 – March 31, 2021) is March 31, 20202.

The financial plan must include:

• operating budget
• capital budget
• a five-year capital expenditure plan that includes an asset management program

Each municipality is required to hold a public meeting about the Financial Plan not less than 2 weeks prior to its adoption.