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.
| Year | Budget documents | Financial statements |
|---|---|---|
| 2023 | 2024 - 2026 Budget | 2023 Audited Financial Statements |
| 2022 | 2023 - 2025 Budget | 2022 Audited Financial Statements |
| 2021 | 2022-2024 Budget | 2021 Audited Financial Statements |
| 2020 | 2020 Audited Financial Statements | |
| 2019 | 2019 Audited Financial Statements | |
| 2018 | 2018 Audited Financial Statements | |
| 2017 | 2017 Budget 2017 Budget Council Presentation | 2017 Audited Financial Statements |
| 2016 | 2016 Budget 2016 Budget Council Presentation | 2016 Audited Financial Statements |
| 2015 | 2015 Budget 2015 Budget Council presentation | 2015 Audited Financial Statements |
| 2014 | Budget Budget Council Presentation | 2014 Audited Financial Statements |
| 2013 | Budget | 2013 Audited Financial Statements |
| 2012 | Budget Budget Council Presentation | 2012 Audited Financial Statements |
| 2011 | Budget Budget Council Presentation | 2011 Audited Financial Statements |
| 2010 | Budget - Guiding Principles Budget Presentation to Council Budget Summary and Highlights | 2010 Audited Financial Statements |
Disclaimer
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.