Developing a Five Year Capital Works Plan

The Municipalities Act requires the preparation and adoption of an annual operating and capital budget.

While there is no statutory requirement in The Municipalities Act for a five year capital works plan, council may choose to so in order to define the municipality's long term capital goals. Ideally this is done when the annual operating, maintenance and capital plans are prepared and adopted; the existing five year capital works plan should also be reviewed.

The Capital Works Budget is the financial plan to acquire or construct new capital assets. Capital assets would include:

• Facilities, such as a public works shop, administration office, library
• Equipment, such as graders, pay loaders, computers
• Engineering structures, such as roads, bridges, water distribution systems

Developing a five year capital works plan is beneficial because it identifies:

1. Projects and benefits to the community.
2. Cost
3. Potential sources of funding available to the municipality. (I.e. internal saving levels, grants, and partnering with other municipalities.)

Please see the section below for the sample form that can be used to assist in completed a five year capital works plan.

For more information, contact:  

Ministry of Municipal Affairs
Grants Administration and Financial Management
410 - 1855 Victoria Avenue
Regina, SK  S4P 3T2
Telephone: (306) 787-1262
Fax: (306) 787-3641
E-mail:  muninfo@gov.sk.ca