Budgets and Finance

Municipal Budget

Each year, Council provides general budget direction to administration. This direction sets the desired service levels and tax rates. Council approves the budget in December for the subsequent year, with final budget approval happening in April.

2025 Budget

Council approved the 2025 Budget on December 3, 2024:

• 2025 Operating and Capital Budget

2023 - 2027 Operating and Capital Overview and Plan

Long-term planning provides context to the Executive Team and Council when making decisions. It provides transparency into how decisions made today will affect residents and businesses over the next 5 years.

• 2023 - 2027 Operating and Capital Overview

Accounting Process

Parkland County has a centralized accounting process. The Finance Department is responsible for the common financial and computer systems used to record all financial transactions. The Finance Department prepares the annual financial statements and annual report and provides monthly financial reporting to both Council and line department managers.