Customize your website

Kingston budget, step by step



Published on April 6th, 2010
Published on April 6th, 2010
Nancy Kelly RSS Feed
Topics :
AGM

BY NANCY KELLY

Kings County Advertiser/Register

Kingston has a new budget process, designed to offer commissioners - and the public  -more opportunity for input.

Traditionally, the annual budget has been devised by commissioners and then presented for review at the village’s annual meeting.

“The problem with that system was there was no flexibility to alter the budget at the (annual general) meeting if there were amendments or opposition to it,” says Kingston’s clerk treasurer Greg Towne.  “It had to be approved at that meeting.”

The first step in the new budget process will be to “disconnect the budget from the AGM.” Towne says, under the new system, staff will present the 2010/ 2011 budget to the April meeting of the village commission, complete with operating budget, capital budget and five-year capital plan. More emphasis will be put on long-range planning to help the village meet and manage financial commitments.

After the budget is presented to commissioners April 8,  the document will be available to the public at the village office, through the local library and other organizations.  April 22, a special commission meeting will allow for public input and budget deliberations.  More discussion will take place at the May 13 regular commission meeting and the finalized budget will be passed at the AGM in late May.

“April 8 will be our first crack at the budget, April 22 will add more dimension with response from the public and commissioners.  When the budget gets to the AGM, there will be no discussion or input taken at that time,” explains Towne.  “It will be approved as presented.”

Towne says commissioners have identified maintaining existing levels of service as a priority.

“That will drive the way it comes together.”

The overall goal will be to  create fiscal sustainability over a 10-year period through appropriate tax rates, proactive planning, adequacy of reserves and capital replacement and funding.

 

Submit a Comment

Submit a Comment

This form is NOT used for emailing the article to a friend. Please use the "Send to a friend" link at the top of the page for that purpose.

The Register/Advertiser is not responsible for posted comments. Please be polite and confine your comments to the subject of the posted story. If you have an account, please sign on to it..

(we keep all emails private)
Agreement

We ask that users remain courteous. You may not post insulting, discriminatory or inappropriate content, which may be removed at our discretion. We are not responsible for user content and opinions. Use of this site as well as content submission & ownership are governed by our Conditions of Use and Privacy Policy.

Member organizations should be non-profit in nature, and promote legal activities. Any organization found promoting illegal activities or commercial products or services will be deleted from the site.

I agree with these conditions.

Advertising

Services

  • No available services
Ad Finder

February 5th 2012

View our Newspaper ads

Newsletter

Please enter your email to receive our free newsletter

Subscribe to news alerts

Advertising