Budget and Financial Reports

Municipal Budget

The adoption of a budget is the culmination of a long and detailed process. It begins with a strategic planning workshop in the first quarter of each year. In the spring, Council establishes the general guidelines for the following year’s operating budget and 3-year capital works budget. Each Department then builds their budget which must be presented to the Budget Team and the relevant Council Standing Committee by October. The completion of all this work is then consolidated into the budget documents presented to the public at a special Council meeting in December or January.

Throughout this entire process, the Finance Department is perpetually updating data and testing scenarios, in particular with regard to taxation rate options.

The objective of the City of Westmount’s municipal budget is to allocate public funds responsibly and transparently in alignment with Council’s strategic priorities and community needs. Through careful planning and ongoing analysis, we ensure that every dollar supports sustainable services, infrastructure, and long-term fiscal health.

Financial Reports

This user-friendly summary presents the key highlights and visual insights into the City's financial results. It is designed to make complex financial data more accessible to residents and stakeholders.

Comparative financial reports required by the Cities and Towns Act, article 105.4

• Comparative Actual Report: Actual revenues and expenses compared to the same period last year.
• Forecast vs. Budget: Year-end projections versus approved budget

These presentations support the City's ongoing commitment to fiscal transparency and public engagement.

To refer to the official audited report submitted to the Ministère des Affaires municipales et de l'Habitation (MAMH) in accordance with public sector accounting standards, visit the provincial website.

Consult financial reports submitted to the MAMH* (in French only)

*The reports are posted on the MAMH website by the Ministère. There may therefore be a delay before the report is available on the Ministère's website.