FOR IMMEDIATE RELEASE
March 6, 2018
City Hosts Annual Budget Open House
Dawson Creek – Do you ever wonder where your tax dollars go? Join the Mayor, Council, and staff at the Annual Budget Open House on Monday, March 12th from 1:00 pm to 3:00 pm at City Hall to have your questions answered, and to provide feedback on the City’s Annual Budget for 2018.
“Please join us to learn more about where the revenues to run our beautiful City come from, and how they are spent,” said Mayor Dale Bumstead. “We welcome your questions and insights on how we can continue to provide the services and amenities that make our community such a great place to live, work, and play.”
“In addition to information on our annual budget, you can also learn more about our future finances and what is being done to help ensure our healthy financial future,” added Mayor Bumstead.
Fiscal Responsibility and Sustainability is a key strategic priority for Council. Over the past few years, the City has embarked on a number of initiatives to help address the Fiscal Gap, which is the difference between what we expect in revenues (e.g., taxes, fees, grants) and promised expenditures (e.g., roads, water, parks, facilities).
“Being fiscally responsible is about living within our means, so we can maintain the abundant quality of life we enjoy today and leave a strong and sustainable financial legacy for future generations,” said Mayor Bumstead.
To that end, Council adopted a Stewardship Statement last year to guide all financial decisions and related policies. Council has also been tackling the City’s long-term Fiscal Gap, through key initiatives such as negotiating the new Peace River Agreement and introducing a debt management policy, user fees, development cost charges, and energy management savings, to name just a few.
“While the Fiscal Gap is not urgent, it is critical that we ‘mind the gap’ by closely watching current and future spending,” cautioned the Mayor. “We need to carefully assess new capital investments, as well as their lifelong costs for maintenance, operation, repair and, ultimately replacement, and look at ways to cover these ongoing costs.”
Can’t make it to the Annual Budget Open House? Simply visit our website at www.dawsoncreek.ca/budget for more budget information, or to view the open house display panels or the special budget/fiscal gap edition of Dawson Creek’s Our Community newsletter.
For more information please call 250-784-3600 or email firstname.lastname@example.org.
Mayor Bumstead 250-784-3616