Budget 2023 planning is underway and that includes our annual Budget Talks public engagement. We want meaningful input from our residents, community groups and businesses as we begin our budget deliberations so we can find the right balance for our services, programs, and infrastructure.
Budget Talks 2023 was launched on September 16 and closed on October 11, 2022. It involved Council Pop-ups, a Twitter Town Hall, email / social media input, an Online Survey, and outreach to the local Chambers of Commerce. We thank all those who participated in Budget Talks 2023.The feedback and input received will be used by Council as they deliberate on Budget 2023 and determine the upcoming municipal budget. The Town of Paradise 2023 Municipal Budget will be delivered by the end of November, and when released will be available on the Town’s website.
For a summary of the feedback received, review the Budget Talks 2023 What We Heard report.
Each year, the Town of Paradise produces a balanced budget. A balanced budget means that money coming in must equal money going out, or that revenue equals expenditures. Revenue is collected through property taxes, water and sewer fees, user fees, and grants and subsidies. The municipal budget is comprised of two main components – capital and operating.
The Town’s Corporate Services Department is responsible for assisting all other departments in the development of their detailed budgets. The Town budget is completed and reviewed with senior management and Council, with the final 2023 consolidated version being adopted in December 2022.
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