Budget Overview and Highlights
Important 2020 Budget Dates
The purpose of preparing budgets is to allow Council to develop policy in financial terms and to assist in setting priorities and establishing service levels for the upcoming year before expenditures take place.
An effective budget process requires a schedule relating to the timing of the preparation, adoption, implementation and review of the budget. This report has been prepared in order that Norfolk County Council may approve the proposed budget review meeting dates. Once approved by Council; the Senior Leadership Team will initiate the budget process and develop a timetable and detailed guidelines to be used in the preparation of the Proposed 2020 Budgets.
The dates for initial proposal are as follows: