Email this pageMunicipal Capital Budgeting Handbook
Capital budgeting is a very important planning tool for municipalities as it allows them to provide for the necessary infrastructure to maintain or enhance future service levels. Through capital budgeting, municipalities can plan future operating budget expenditure, debt repayment and potential reserve fund needs in order to manage the financial position of a municipality over a five to ten-year period. Capital budgets provide the basis for the implementation of official plans, master plans and strategic plans and also provide the financial mechanism to implement Council’s planning and fiscal policies.
The purpose of this manual is to assist municipalities in the development of their capital infrastructure planning and budgeting processes.