2018 Draft Financial Plan
The current Draft Financial Plan will be available February 21, 2018.
Previous Financial Plans
- 2017-2021 Financial Plan [PDF - 3.9 MB]
- 2016-2020 Financial Plan [PDF - 3.6 MB]
- 2015-2019 Financial Plan [PDF - 3.3 MB]
- 2014-2018 Financial Plan [PDF - 1.9 MB]
- 2013-2017 Financial Plan [PDF - 1.7 MB]
2017 Budget Presentations:
- Department Operating Budget [PDF - 1.5 MB]
- Saanich Police Budget [PDF - 1.4 MB]
- Capital Budget [PDF - 3.2 MB]
- March 28, 2017 Budget Meeting [PDF - 356 KB]
The Community Charter requires local governments to approve a five-year Financial Plan bylaw each year before they adopt the annual property tax bylaw on May 15. We also often refer to the Financial Plan as the Budget. Please review our Municipal Budget document [PDF - 3.7 MB] to learn about Saanich’s budget process. Financial planning happens all year. The cycle begins in June and continues until May when Council adopts the plan.
June to August – Departmental Work Plans
Each department prepares a work plan. It contains major activities to accomplish in the coming year like Strategic Plan projects.
August to October – Departmental Financial Plans
Based on the activities, departments compile budgets. They list expected costs and revenue.
October to January – Draft Financial Plan Preparation
Finance compiles all budgets to make a draft financial plan. We compare the draft to the current strategic plan to ensure consistency.
February to April – Public Budget Meetings
We set several public meetings. There, each department presents its portion of the financial plan. This allows for public scrutiny and input.
May – Financial Plan and Bylaws Adopted
We revise the plan based on public input and Council priorities until we reach a final version. That final version allows us to develop the Financial Plan Bylaw. In the Bylaw, we set the property tax revenue we need. This in turn forms the basis for your tax rates. Council may amend the financial plan by bylaw at any time during the five-year period.