Financial and Strategic Planning
We take a forward-looking approach to financial management. It allows us to develop long-term strategies to balance the financial resources of the town with the long-term needs identified through various planning processes.
The town takes on several initiatives to make sure the short and long-term financial needs of the town are met and to ensure that assigned resources reflect the priorities of the town.
Long-Term Financial Forecast
The Long-Term Financial Forecast is a key tool in evaluating tomorrow’s impact on taxes, reserve funds and debt levels as we make decisions today.
Capital and operating needs are reviewed based on Council’s strategic priorities, master plans, infrastructure renewal and growth requirements. Identifying the needs of the town for the long term is important because it allows us to plan for predictable and stable tax increases in the current and future years.
Capital forecast
- Oakville's planned 2018 to 2027 Capital Improvements (pdf)
Performance-Based, Program-Based Budgeting
Performance-Based, Program-Based (PB2) Budgeting assigns resources to programs based on desired outcomes and measures actual program results against the expected outcomes.