The Town of Golden is committed to sound financial management and developing a responsible budget. Under the Community Charter, the Town is required to adopt a five year financial plan bylaw before May 15 of each year. The Budget steps include:
- Planning: Managers provide project work sheets to the Chief Financial Officer (CFO) and they review and prioritize the projects. The Chief Administrative Officer (CAO) provides final administrative approval.
- Council Consideration: Council considers the CAO’s approvals to determine what will be included in the draft financial plan.
- First Reading: The draft package is prepared and given 1st reading by Council.
- Public Consultation: Residents are given the opportunity to review the plan, comment and ask questions. A summary of public input is then presented to Council and revisions to the plan can be made in preparation for 2nd and 3rd Readings. Final adoption must take place before May 15.
2025 Budget
The Town of Golden's 2025 Budget process is underway!
The 2025 Budget and 2025-2029 Financial Plan is now available:
Highlights from the 2025 Budget:
- Investing in core infrastructure: Key projects include the continued development of Well 7, sanitary sewer pipelining and system inspections, and the milling and repaving of 8th Avenue South as part of ongoing infrastructure renewal.
- Enhancing community amenities: 2025 will see the construction of four new pickleball courts and two tennis courts at Keith King Memorial Park, supported by grant funding and community partnerships.
- Planning for a resilient and growing future: The process will start on a new Official Community Plan (OCP), updates to the Development Cost Charges (DCC) Bylaw, and increased support for the Golden and Area “A” Emergency Management Program.
- Budget increase: The proposed 8.97% increase to the municipal budget helps offset rising operational costs while minimizing the impact on taxpayers. Based on what is proposed in the Budget Book, the estimated average property tax increase is approximately 3.5%, consistent with trends seen across B.C. municipalities.
Budget News Releases:
Provide your input!
Residents of Golden were invited to provide feedback on the proposed budget and financial plan from March 21 to April 9, 2025 through the following opportunities:
Online Survey: an online survey was made available from March 21 to April 9, receiving 42 responses. Check out the What We Heard Report.
Attending a Council Meeting: there was space allocated on the April 1 Council meeting agendas for a conversation with Council about the proposed budget.
Email and mail: correspondence was also accepted during the public consultation period.
The public consultation period ended on April 9, 2025.
Previous Budgets
Learn about previous budgets.