Budget, Financial Statements, & Strategic Planning
Budget
The 2025-2026 Budget was approved at the April 16, 2025 Council meeting. The Capital Budget was also approved at the April 16, 2025 Council meeting. The approved Operating Budget is $3,033,675 and the approved Capital Budget is $1,337,627. The tax rates of $1.76 for residential and $3.260 for commercial. A new fire rate will be added that was formerly included in the overall tax rate. That new rate for 2025-2026 will be set at .001042 and will be broken out on the tax bills moving forward.
For a breakdown of the budgets, please click here:
MOTION #C2025-04-16-07
It was regularly moved and seconded that Council approve the $3,033,675 Town Operating Budget for 2025-2026 with tax rates at $1.76 and $3.26 respectively for Residential and Commercial. A new fire rate will be added that was formerly included in the overall tax rate. That new rate for 2025-2026 will be set at .001042 and will be broken out on the tax bills moving forward. Motion carried.
MOTION #C2025-04-16-08
It was regularly moved and seconded that Council approve the 2025-2026 General Capital Budget of $1,337,627. Motion carried.
Audited Financial Statements
The Audited Financial Statements for the 2023/24 budget year can be viewed in the PDF copy, prepared by Kent & Duffett Chartered Professional Accountants.
Active Living Strategy 2025
The Town has completed the Annapolis Royal Active Living Strategy 2025 and Town Council approved the final draft at the Council meeting on January 22, 2025.
Annapolis Royal Active Living Strategy 2025 Final Approved Jan 23 2025
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.
Approved Strategic Plan – June 2021
SPECIAL FIND! Heritage Conservation and Economic Development 1976 – Download Now!
