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Budget

Like other municipalities and organizations, the Town is facing external economic pressures, including the current global economy, regional competition, increasing expectations and other cost pressures. Our budget looks to balance these competing priorities and challenges with the ability to provide high quality services for all our customers.


Keeping taxes affordable is important to the well-being of our businesses and residents. Like any business or resident, the needs and wants within a municipality are often greater than what the municipality and community can afford at one time. Each year as part of the budget process, choices must be made.

The Community Charter requires that Council adopt a Five-Year Financial Plan bylaw each year.

If you have any questions or would like any additional information, please contact the Finance Department at 250-656-1184 or finance@sidney.ca.

2021 - 2025 Financial Plan

The Draft 2021-2025 Financial Plan was introduced to Council and the public at the Committee of the Whole meeting of February 1, 2021 and received initial consideration at the February 16, 2021 Committee of the Whole meeting.

The draft financial plan starts out with a proposed general tax increase of 4.45%. This amount includes several internal and external requests that have not yet been approved by Council, and is simply a starting point for budget deliberations. Over the course of the budget process, Council may choose to add or remove certain projects and initiatives, which would have a bearing on the final tax impact.

Copies of the staff presentations are linked below, along with the public budget document. Please note that the items should be considered together. Reading the document without also checking out the presentations will likely not provide enough information.

The Committee meeting was recorded, as are all Town Council and Committee of the Whole meetings. For those seeking the most complete introduction to the financial plan, the above presentations may be viewed together with the video recordings of the meetings, posted below.

Future Budget Meetings

Changes to the budget resulting from the February 16, 2021 meeting will be incorporated into a second draft of the financial plan, which will be considered for approval by Council on Tuesday, March 2, 2021 at 6:00 pm. If the budget is not approved at that meeting, additional meetings will be scheduled.

Due to ongoing restrictions due to COVID-19, meetings are closed to the public until further notice. Meetings are broadcast live, and the live stream may be accessed through the home page of the Town's website.

Public Input on the Budget

Public input on the budget is welcome. Anyone wishing to comment on, or inquire about, the Five Year Financial Plan may do so at the February 16, 2021 meeting or at any regular Council meeting following the introduction of the budget. Public comments can be made via:

  • Electronically (via Zoom)
    Register to speak during a meeting by sending an email to the Corporate Officer at admin@sidney.ca or by calling 250-655-5402 prior to 12:00 noon on the day of the meeting.
  • Written Correspondence
    Written comments on the budget may be submitted at any time to admin@sidney.ca.

In the meantime, please take the time to review the documents above.

Additional Resources

The following resources are available to provide more details on the draft financial plan. Please check this section as we move through the various budget meetings, as additional information may be posted.

If you have any questions or would like any additional information, please contact the Finance Department by email at finance@sidney.ca or by phone at 250-656-1184.

Previous Financial Plans