Budget, Financial Statements, & Strategic Planning
Budget
The 2023-24 Budget was approved at the April 25, 2023 Council meeting. The Capital Budget was also approved at the April 25, 2023 Council meeting. The approved Operating Budget is $2,614,489 and the approved Capital Budget is $391,154. The tax rates of $1.70 for residential and $3.20 for commercial will remain the same.
For a breakdown of the budgets, please click here: Town General Operating Budget 2023-2024
MOTION #C2023-04-25-01
It was regularly moved and seconded that Council approve the $2,614,489 Town Operating budget for 2023-2024 with tax rates remaining unchanged at $1.70 and $3.20 respectively for Residential and Commercial. Motion carried.
MOTION #C2023-04-25-02
It was regularly moved and seconded that Council approve the 2023-2024 general capital budget of $391,154. Motion carried.
Audited Financial Statements
The Audited Financial Statements for the 2022/23 budget year can be viewed in the PDF copy, prepared by Kent & Duffett Chartered Professional Accountants.
Signed Audited Financial Statements – March 31 2023
Strategic Planning
The Town has completed a strategic plan and approved Town Council approved the final draft at the Council meeting on June 21, 2021. Since 2021 Council has reviewed and updated the plan each year since adopting it.
This fiscal year Council decided to change the format of the objectives. If you wish to receive a copy please reach out to admin@annapolisroyal.com. Updated Strategic Plan 2023
Approved Strategic Plan – June 2021
SPECIAL FIND! Heritage Conservation and Economic Development 1976 – Download Now!
