TAMRMS#: B06
8.2
REQUEST FOR DECISION
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2026 Municipal and Utility Budget
Presented by: Suzanne Findlay, Manager, Financial Services, Financial & Strategic Services
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RECOMMENDED MOTION(S)
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1. That the 2026 Consolidated Municipal and Utility Budget in the amount of $355,343,300 with a Net Tax Requirement of $151,869,600 provided as attachment titled "2026 Approved Consolidated Municipal & Utility Budget" be approved.
2. That the 2026 10 Year Municipal Growth Capital Plan provided as attachment titled "10 Year Municipal Growth Capital Plan" be approved.
3. That the 2026 10 Year Utility Growth Capital Plan provided as attachment titled "10 Year Utility Growth Capital Plan" be approved.
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SUMMARY
This report presents the 2026 Municipal and Utility budgets, as recommended by Committee of the Whole, for Council's review and approval.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
On June 3, 2025, Council passed the following motions:
PM-26-005- That the 2026 Municipal Capital Budget of 27 projects be funded in the amount of $37,978,100.
PM-25-006 - That the 2026 Utility Capital Budget of 9 projects be funded in the amount of $18,449,100.
On December 1, 2025 Council approved the following motion:
AR-25-469 - That Administration prepare the 2026 proposed Municipal and Utility Operating Budgets, the proposed Municipal & Utility Capital Budgets and any associated bylaws, in accordance with the direction provided in the November/December Committee of the Whole deliberations and previous Repair, Maintenance & Replacement (RMR) decisions and Fees & Charges decisions, all for consideration by Council on December 16, 2025.
BACKGROUND AND DISCUSSION
Each year, Council approves a budget to provide required resources to deliver its programs and services to the community and a capital budget to provide required resources to maintain existing infrastructure and to support future capital initiatives.
The 2026 Consol...
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