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Important Information

View the SRD Roadshow Feedback Received.

Take a look at the SRD’s 2019 Budget Process.

Financial Planning

View the SRD's current and past financial plans.

The SRD Financial Plans

Our financial plans are comprehensive planning tools which provide guidance for the Regional District when considering service requests, operational priorities and strategic initiatives. The current Financial Plan covers the years 2018 to 2022 and was adopted by the Regional Board on March 7, 2018.

Each year, the Regional District goes through a financial planning process to prepare a financial plan legislatively required to be approved and adopted by the Board by March 31.

2019 Budget Process

The 2019 budget process is well under way and the Board has approved the budget calendar of key dates and events for this year’s budget cycle, as follows:

2019 Budget Calendar
 Activity or Event Time/Location
November 1, 2018
SRD Roadshow – Electoral Area B Klahoose Main Hall, 2 – 4 pm
November 6, 2018
SRD Roadshow – Electoral Area C Quadra Island Elementary School, 6:30 – 8:30 pm
November 13, 2018
SRD Roadshow – Electoral Area D  Oyster Bay Resort, 6:30 – 8:30 pm
November 28, 2018
Electoral Area Services Commission (EASC) and Strathcona Gardens Commission (SGC) Budget Workshops to present strategic business cases and draft capital plans SRD Corporate Office

  • EASC, 9:30 – 12 noon
  • SGC, 12:30 – 2 pm
January 9 , 2019
Strategic Business Cases for 2019 Budget to Board for Information Board Meeting
January 25, 2019
Publish 2019-2023 recommended Financial Plan package SRD Corporate Office/Website
January 30, 2019
Board budget deliberations

  • Opportunity for public input
  • Base budget
  • Capital budget
  • Strategic business cases
SRD Corporate Office

  • 9:30 – 12 noon
  • 1 – 3:30 pm
January 31, 2019
Board budget deliberations

  • Additions to budget (new/enhanced services, capital enhancements, projects)
  • Budget summary and direction to prepare Financial Plan Bylaw
SRD Corporate Office

  • 9:30 – 1 pm
February 6, 2019
Present 2019-2023 Financial Plan Bylaw for first three readings

  • opportunity for public input
  • amendments by Board
Board Meeting
February 21, 2019
Present 2019-2023 Financial Plan Bylaw for approval and adoption Board Meeting

Budgeting Process

The Financial Planning process generally begins in September of each year for the development of the next five-year plan. Budget information is published with Committee and Board meeting agendas and minutes as the planning process progresses. These meetings are open to the public and comments and questions are welcome. The Five-Year Financial Plan Bylaw must be adopted by March 31 of each year.

Budget Workshops

Every year, a series of financial planning workshops are held, usually in November, to help better understand and consider Electoral Area services, regional services and recreational services at Strathcona Gardens. Strategic business cases for new or enhanced services or projects are also considered as this time. The information gathered at these workshops are then compiled into what becomes the recommended Financial Plan package.

The SRD Board will consider the 2019-2023 Financial Plan at the January 30 and 31, 2019 budget deliberation meetings. The Board can then direct staff to prepare the Financial Plan Bylaw for first three readings and approval at the February Board meetings. The Board can also add additional meetings to consider the 2019-2023 Financial Plan if additional information is required to finalize the budget.

Questions about the budget process? Please contact Chief Financial Officer, Myriah Foort at mfoort@srd.ca.