Early each year, Council develops its strategic priorities before it considers its five year financial plan.
Tahsis Council must adopt a five year financial plan bylaw by May 15th each year. Council usually considers a draft financial plan at Committee of the Whole meetings then presents the proposed plan at a public presentation. The bylaw must set out proposed expenditures, funding sources and transfers between funds, as well as policies and objectives relating to proportion of revenue to come from each funding source, distribution of property value taxes between classes and permissive tax exemptions.
Council also presents an annual report to the community each June. The annual report includes the consolidated financial statements for the year.
STATEMENT OF FINANCIAL INFORMATION (SOFI) REPORT