Budget and Finances

Aurora’s multi-year budget development includes a single year budget approval for the first year of Council followed by a three-year budget in the second year for the balance of the term.

Aurora Budget Foundational Documents

The establishment of its annual operating and capital budgets are a very significant activity of every municipal Council. The Town's Finance Advisory Committee and Council have developed and approved two important foundational documents that offer clear direction as to how the Town will conduct its budget process. The first document, Aurora Council Budget Principles, outlines the key principles that guide the Town in its development of its operating and capital budgets. While the other document, Aurora Council Budget Process, outlines the formal process for the Town's operating and capital budget review and approval. These documents have been carefully prepared to ensure all participants in the process, whether staff, elected officials, community groups or residents, can understand the foundations of the budget and the full process of reviews applied to the budget details.