Financial Plan

Five-year Financial Plan - 2017-2021

We've developed this document to present the financial plan for the City of Kamloops over the next five years. The City's financial position is detailed in the most recently published Audited Financial Statements along with definitions and explanations.

The following three budgets tie this plan together and direct City revenues and expenditures: 

  • General Operating Budget - Sets out how much money the taxpayers pay for essential services and the various revenues sources for the City, such as property taxes.
  • Water and Sewer Utilities Budget - Presents the revenue and expenses for providing water and sanitary waste removal services.
  • Capital Budget - Sets out the requirements and funding sources needed to restore, replace and renovate the City's infrastructure, such as our buildings, parks, roads, storm sewers, water system, sanitary sewer system, fleet and technology.
Section A - Introduction

Section A begins with the City's mission statement, the strategic plan and any assumptions made when preparing the budget, guidelines, background information, definitions and explanations.

Section B - General Fund Totals

Section B presents the financial plan for the general fund at a corporate level broken down by City department. The major impacts on the financial plan are detailed.

Section C - General Fund Program Budgets

Section C delves deeper into the plan, providing the budgets for each general operating budget. This section also provides details of the specific functions of each program, the significant budgetary issues felt by each program and the service-level changes made to provide the specific service.

Section D - Water and Sanitary Sewer Budgets

Section D provides details of the water and sanitary sewer systems budgets, including expenditures and revenue sources required to fund these expenses.

Section E - Five-year Capital Plan

Section E provides the five-year capital plan by project with a year-by-year budget breakdown.