Council 02-020 Budget Release Policy

Richmond, Nova Scotia

This is the exact embedded text of the captured official document. Snapshot 562aa1b7e064 · verified 2026-06-05 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

. THE MUNICIPALTIY LA MUNICIPALITE OF THE COUNIY OF DU COMTE DE .RICHMOND Title Budget Release Policy Approved by Council Date: May 23, 2023 Policy Review Notification Policy Review Date: May 8, 2023 Date: April 11, 2023 I certify this to be a true copy of the Budget Release Policy as adopted by the Council of the Municipality of the County of Richmond at a Public Meeting held May 23, 2023. Municipal Clerk 1. Policy Statement It is the policy of the Municipality of the County of Richmond, to release annually information to the public regarding the approved budget and specifically any changes in taxes, water, sewer rates and user fees. 2. Objective(s) a) To inform the public of the highlights of the approved budget and of any changes. b) To be open and transparent with the public with changes that may affect our ratepayers. c) Timely communication with the public as per our approved Communications Plan. Municipality of the County of Richmond "Budget Release" Policy 1 of 31 Page THE MUNICIPALI1Y LA MUNICIPALITE OF THE COUNfY OF DU COMTE DE .RICHMOND 3. Qualification a) The Municipality shall annually release a budget summary document that will detail the highlights and important facts about the approved budget as well as any changes that will directly affect our ratepayers. 4. Responsibilities: a) Municipal Council will be responsible to: - review, amend and adopt the budget release policy; - support the C.A.O. and staff, in implementation of policy; b) The C.A.O. will be responsible to: - implement the budget release policy; - work with Municipal Council to release the document annually; c) The Department Heads will be responsible to: - send important information and facts regarding their departments budget to the C.A.O; 5. Timing a) The budget release document shall be released/posted within 10 business days of final approval of the annual budget. Municipality of the County of Richmond "Budget Release" Policy 2 of 31 Page THE MUNICIPALITY LA MUNICIPALITE OF THE COUNIY OF DU COMTE DE ~- RICHMOND Policy Review/Amendment Schedule This Policy was last reviewed Next Scheduled Review is Fall of 2025. Municipality of the County of Richmond "Budget Release" Policy 3 of 31 Page