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2018 Budget

Notice: Update on the 2018 Budget

On February 27, 2018, Council adopted the final budget for 2018. Stay tuned in the coming weeks for the final approved budget to be posted online here. Residents can also view the approved budget in the Council meeting agenda for Feb. 27, 2018 by visiting www.rmwb.ca/council.

Latest Updates

News Release - Feb.27 2018


Council passes 2018 Budget – Reducing $94.6M from 2017


News Release - Feb. 9, 2018


Council’s Budget Workshops completed – Final Budget expected Feb. 27

Municipal budget workshops finished on Friday with net reductions of approximately $525K in addition to the $29M in reductions that were presented in the 2018 Proposed Budget prior to the budget workshops.


News Release - Jan. 9, 2018


Residents invited to follow Council workshops and make sense of the municipal budget

Council has approved new dates for budget workshop sessions that will run from Feb. 7 – 10, followed by the final budget deliberation anticipated for late February. The Municipality is also announcing dates for public information sessions that will lead up to Council’s budget deliberations.


News Release - Dec 12, 2017


Council approves interim operating budget and looks ahead to budget work in the New Year

Council passed an interim Operating Budget of $100 million on Dec. 12, 2017. The interim Operating Budget will provide for the continuation of operations and staffing requirements for the first quarter of 2018 (Jan. – March 2018). Budget documents and videos are also available online in the Council Agendas and Minutes section.

Downloads

Budget Primer

Budget Reader's Guide

Video: Making Sense of the Municipal Budget

Every year, a budget is established to provide a foundation for the Regional Municipality of Wood Buffalo to meet the service and infrastructure needs of residents. For those that are interested in becoming more engaged with this process, budget documents are available on the municipal website. Residents are also invited to watch budget workshops and meetings in Council Chamber or online at rmwb.ca/council.

Stay tuned for more budget updates by following us here, on Facebook or Twitter, or contact Pulse at 780-743-7000 or rmwb.ca/pulse.

Making Sense of the Municipal Budget

Do you have questions about the budget? Are you wondering how the budget process works?

Now you can make sense of the budget by reviewing the Municipality’s new Budget Primer document.

The Budget Primer is like the Coles Notes for the budget, and is a great tool for those with questions about how the budget works and what it means for residents.

2018 Budget Process

On December 12, 2017, Council adopted an Interim Operating Budget for the first quarter of 2018 (Jan. – March). This was the first part of the public process for the 2018 Budget.

Residents were then invited to take part in the public information sessions scheduled for January and early February 2018. 

Following the public information sessions, Council reviewed the budget in detail through a series of budget workshops that were held in Council Chamber from Feb. 7 – 9. 

The finalized 2018 budget was adopted by Council on Feb. 27, 2018. Stay tuned for updates in the fall of 2018 for information about the 2019 budget process.

The Budget Cycle

The Municipality’s budget cycle follows the calendar year: January 1 through December 31, and Council approves a one-year operating budget and a two year financial plan, as well as a multi-year capital budget and capital plan.

The public part of the process usually begins in the fall, and Council publicly reviews the proposed budget that has been developed by Administration for the following year. Once this budget has been thoroughly reviewed and discussed, the proposed budget will be brought to Council once again for final approval.

Budget Workshops in Council Chamber

Budget workshops are now complete for 2018. Stay tuned for updates next year when Council prepares to review the budget for 2019.

Each year during budget workshops, residents can follow Council as they review the budget. Residents are encouraged to get engaged in the process and take part by following the meetings (in Council Chamber at 9909 Franklin Ave., or online via live stream video), or by participating in the delegation process.

Find out more about Council meetings, the delegation process, agendas and budget documents at rmwb.ca/council

Rural Budget Access

Every year, residents in the rural communities are invited to participate in the budget process. Residents can attend budget meetings and workshops in Council Chamber, or watch via streaming video. 

Stay tuned for the 2019 budget process. Information will be shared with residents when available in the fall of 2018. 

Delegations

Residents’ involvement is an essential part of the democratic process. As a means of making the budget process more accountable to taxpayers, residents are given opportunities to make a presentation to Council throughout the budget-deliberation process. Visit rmwb.ca/council for more information about making a presentation to Council.

Public Information Sessions
– January and February 2018

Residents were invited to participate online or in person at a number of public information sessions to discuss the budgeting process, the importance of the budget, and how residents can be more engaged.

Information Session Details:

  • Jan. 23 – Fort McKay School (Northlands School), Fort McKay 
  • Jan. 25 – McMurray Experience
  • Jan. 30 – McMurray Experience
  • Feb. 1 – MacDonald Island Park