It is that time of the year: winter stubbornly takes its firm, but final grip before giving rise to spring; we begin to collect and organize documents for our personal tax returns; and budget season is here. February may be short on days, but it is a landmark month each year.
Essentially, budgets are road maps. Whether for government, companies, non-profit organizations, or even families, budgets allow us to evaluate prior assumptions, projections and decisions – after “life happened”. Budgets are also opportunities to look ahead and make adjustments and decisions based on new information and priorities.
Embedded in the city’s budget are our hopes and aspirations for Burlington, balanced with fiscal pressures that originate from within our boundaries and beyond. This is especially true as the federal and provincial governments continue to make cuts and shift responsibilities to municipalities. Continue reading →