Kimberley council has adopted amendments to the 2025-2029 Five Year Financial Plan, so certain 2026 projects can get a head start.
New information has emerged, resulting in changes following the original adoption of the financial plan and its accompanying amendments.
Alterations to the bylaw include changes to already approved budget amounts, timing of specific projects and newly added projects to the 2025-2029 planning period.
The community charter allows staff to request that council consider amendments to the financial plan to incorporate the necessary changes, so the city can move ahead with big projects planned for 2026
The 2026-2030 Capital and Non-Capital Project Plan includes some project proposals that differ from the previously approved 2026 capital budget in the adoption of 2025-2029 Five Year Financial Plan Bylaw.
That means the old bylaw no longer gives staff the authority to start securing substantial capital goods and services for certain new 2026 projects.
Updating the old financial plan allows staff to issue and award tenders sooner, instead of waiting until May 2026 for the expected adoption of the 2026-2030 Capital and Non-Capital Project Plan.
The funding for these projects will come from existing reserve funds, acquisition of debt, and certified grants. Projects relying on unconfirmed grants will not move ahead until sufficient funding is approved.
