On March 1, 2023, Council was presented with and approved the 2023 Financial Plan – Operating and Capital Budget Assumptions and Guidelines. These documents provide key economic and financial indicators, and are the starting point to the budgetary process.
Council and administration will work together to to execute the strategic priorities and make key financial decisions with the formation of the 2023 Financial Plan. This will involve the 2023 Budget and the 2024 – 2026 Projected Forecast. As well, a robust 2023 – 2028 Capital Budget will be prepared along with a Ten Year Capital Plan that will allow the Town to plan for large capital/infrastructure projects. This will be the first financial plan for the amalgamated Town of Diamond Valley.
At the Special Meeting of Council held on Tuesday, May 9, 2023, Diamond Valley Council unanimously approved the consolidated 2023 Operating Budget and the 2023 Capital Budget. View the full Media Release.