Council is being asked to adopt the Five Year Financial Plan…

Council is being asked to adopt the Five Year Financial Plan Bylaw No. 26-040 for the 2026-2030 period. Adoption is the final step; the bylaw comes into force immediately upon passage. This is a municipal-wide policy action, not site-specific, so the implications are horizontal across all development activity in the jurisdiction. The five-year financial plan is the municipality’s capital and operating blueprint. It sets development cost charge (DCC) rates, infrastructure levy schedules, water and sewer connection fees, parkland dedication targets, and major capital project funding. Adoption locks in these revenue and spending assumptions for the first year and establishes the framework for subsequent years. Any changes to DCC rates or infrastructure charges are typically embedded in the plan’s financial projections. For projects already in application, the transition rules between the current and new rate schedules matter—DCCs are set on the date of building permit issuance, so a permit pulled before a rate increase locks in the lower charge. The plan’s capital projects section will indicate which roads, water mains, sewer trunk extensions, and community facilities are funded over the five-year period. This directly affects servicing capacity and timing for development in specific catchment areas. The bylaw number (26-040) and the adoption timeline are the key data points for now; the substantive content—rate tables and project lists—becomes actionable upon review of the plan document itself. Given the low confidence in the available data, the practical next step is to verify the plan’s specific provisions from the municipal agenda package or clerk’s office.

Council is being asked to adopt the Five Year Financial Plan Bylaw No. 26-040 for the 2026-2030 period. Adoption is t…