Our Finances

The municipal budget process starts in May of each year and runs through to October. Following the development of a draft budget, Council deliberates on and approves a budget by the end of the year.

Budget creation is guided by the 10-Year Financial Plan. This plan establishes long-term spending commitments and is updated annually to reflect the Cochrane's current finances. 

Learn more about the current budget

Financial documents

In addition to a budget, we also complete and audit annual financial statements . This is done in accordance with accounting principles established by the Canadian Institute of Chartered Accountants for municipal governments. A consolidated financial statement captures the financial position of Cochrane as of December 31 of the year. They also outline the results of our financial activities and changes in financial position. 

YearBudget documentsFinancial statements
20222023 - 2025 Budget2022 Audited Financial Statements
2022 Audit Findings Report
20212022-2024 Budget2021 Audited Financial Statements
20202020-2022 Budget

Budget 2020-2022 Council presentation

2020 Audited Financial Statements
20192019-2021 Budget

2019-2021 Budget Council Presentation

2019 Audited Financial Statements
20182018 Budget

2018 Budget Council Presentation

2018 Audited Financial Statements
20172017 Budget

2017 Budget Council Presentation
2017 Audited Financial Statements
20162016 Budget

2016 Budget Council Presentation
2016 Audited Financial Statements
20152015 Budget

2015 Budget Council presentation
2015 Audited Financial Statements

Budget Council Presentation
2014 Audited Financial Statements
2013Budget2013 Audited Financial Statements


Budget Council Presentation

2012 Audited Financial Statements

Budget Council Presentation
2011 Audited Financial Statements
2010Budget - Guiding Principles

Budget Presentation to Council

Budget Summary and Highlights
2010 Audited Financial Statements


Finance Administration is responsible for maintaining fiscal policy, financial reporting, budget creation and accounting. Our goal is to provide timely, accurate and relevant budgetary and financial information to our citizens and customers, establish strong internal controls in line with Town policies, and ensure compliance with established accounting standards. We pride ourselves on making current and historical financial information available and accessible on our website.