Budgets and Financial Reports

To provide accountability and transparency to our residents and taxpayers, the City of Yorkton prepares financial reports throughout the year.

Budget

The budget is the City's plan for the year (January - December) expressed in dollars. Service delivery is decided based on public feedback, input from administration, needs of the community, the City's strategic plans and Council priorities. Each year, City Council approves the budget made up of two parts:

 Operating Budget

This provides for the many services for Yorkton residents including: Fire, Police, Community Development, Parks and Recreation, The Gallagher Centre, Engineering, Planning, Public Works, Landfill, Garbage and Waterworks.

 

Funding is primarily from property taxes and user fees, including utility charges.

 Capital Budget

This provides for replacing, maintaining and building new assets and infrastructure, including: facilities, roads, drainage, outdoor facilities, pathways, the airport, transit buses, fleet vehicles and equipment, etc.

 

Funding is from property taxes, reserves, grants, debt, and land development charges.

Budget 2025

The draft budget for 2025 was presented to Council on February 6, 2025. This proposed budget includes a 3.9% increase for: general operations (2.06%) and capital (1.84%). Projects for both 2025 and 2026 capital are included as well.

View the proposed 2025 Budget

Before the budget is adopted, the City encourages public feedback. After reviewing the 2025 budget package (above), please submit any comments or questions using the feedback form below. Public feedback will be presented to Council on March 3, 2025.

Public Review Form - Budget

 2025 Tax Dollar Breakdown

 Previous Budgets

Curious how the budget process works?

Financial statements

Each year, our financial statements are audited by an independent accounting firm. These statements are prepared in accordance with Canadian Public Sector Accounting Standards and show our operational performance and financial position. The City's fiscal year end is December 31.

View our 2023 Financial Statements.

Previous statements

Public accounts

To operate the City, we must pay for wages, supplies, and contracted services. Every year we report all council remuneration, salaries, grants, and payments to suppliers in excess of $50,000.

View our 2023 Public Accounts. A physical copy can also be purchased at City Hall for $10.00 per copy.

 Previous public accounts