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Work is underway! Council is working hard to put together a budget for 2026. Here's a very basic rundown of the process:
1. Have your say before budget is approved
- We are asking for your feedback before budget is finalized
- Provide direct feedback by completing the Laker Feedback survey
- Thanks to everyone who joined Council at the Info Night Fun Fest in September to provide feedback
2. Building the 2026 draft budget (Town staff)
- Staff from each division and department prepare their changes: increases, decreases, savings, new projects, and staffing requests
- Staff take this information and compile a document outlining the budget and changes
- These budgets are prepared based on maintaining service levels for Lakers, aligning with Council's Strategic Plan, community feedback, and more.
3. 2026 Draft budget deliberations (Town staff)
- Directors, managers, and staff from each department present their draft budget requests and information to Council
- Council asks questions, requests changes, and works with staff to ensure resident priorities are heard
- Council approves a draft budget
Return to the 2026 Budget home page.
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Once the budgeting process starts, this page will include:
- Budget Debt Borrowing and Payments
- Budget Capital Plan
- Financial Reporting
