Financial Planning
Colwood's Official Community Plan sets out the community's vision, goals, and objectives. At the beginning of each term, Council creates a Strategic Plan that identifies areas that require attention. All this gets built into Service Plans for each program area and the Service Plans are reviewed annually by Council in order to draft a 5-year Financial Plan. Quarterly budget updates keep Council informed of progress.
The City prepares Financial Statements on an annual basis, in accordance with the Public Sector Accounting Board. These Financial Statements are audited annually, as required under legislation and posted here for the public. Click the links below to access the Financial Statements for the City of Colwood.
2025 Financial Plan & Reports
2024 Financial Plan & Reports
- 2024-2028 Financial Plan [PDF/26.4MB]
- 2024 Service Plan [PDF/26.5MB]
- Q2 2024 Capital Financial Update [PDF/554KB]
- Q2 2024 Financial Update [PDF/1.8MB]
- Q3 2024 Capital Financial Update [PDF/892KB]
- Q3 2024 Financial Update [PDF/5.4MB]
Previous Years Financial Statements
City of Colwood Financial Plan 2023-2027
- 2023 Financial Statements [PDF/638KB]
- 2023 Statement of Financial Information [PDF/5.6MB]
- Colwood Sustainable Infrastructure Plan
- Q3 2023 Financial Update
- Q3 2023 Capital Update
- Q2 2023 Financial Update [PDF/13.1MB]
- Q2 2023 Capital Update [PDF/13.1MB]
- 2022 Financial Statements
- 2022 Statement of Financial Information [PDF/1.9MB]
- Q3 2022 Financial Update
- Q3 2022 Capital Plan Update
- City of Colwood Financial Plan 2022-2026 [PDF/11.9MB]
- 2021 Financial Statements [PDF/3MB]
- 2021 Statement of Financial Information [PDF/1.5MB]
- 2021 Annual Development Cost Charges Report [PDF/0.9MB]
- 2020 Financial Statements [PDF/3.3MB]
- 2020 Statement of Financial Information [PDF/9.2MB]
- 2020 Annual Development Cost Charges Report [PDF/743KB]
- 2019 Financial Statements [PDF/398KB]
- 2019 Statement of Financial Information
- 2019 Annual Development Cost Charges Report [PDF/380KB]
- 2018 Consolidated Financial Statements [PDF/629KB]
- 2018 Statement of Financial Information [PDF/186KB]
- 2018 Annual Development Cost Charges Report [PDF/301KB]
- 2017 Consolidated Financial Statements [PDF/881KB]
- 2017 Statement of Financial Information [PDF/400KB]
- 2017 Annual Development Cost Charges Report [PDF/103KB]
- 2016 Consolidated Financial Statements [PDF/809KB]
- 2016 Statement of Financial Information [PDF/186KB]
- 2016 Annual Development Cost Charges Report [PDF/477KB]
- 2015 Consolidated Financial Statements [PDF/8.3MB]
- 2015 Statement of Financial Information [PDF/687KB]
- 2014 Consolidated Financial Statements [PDF/1.2MB]
- 2014 Statement of Financial Information [PDF/2.4MB]
- 2013 Consolidated Financial Statements
- 2013 Statement of Financial Information [PDF/4.1MB]
- 2012 Consolidated Financial Statements
- 2012 Statement of Financial Information [PDF/414KB]
- 2011 Financial - Consolidated
- 2011 Financial - Non Consolidated
- 2011 Statement of Financial Information [PDF/405KB]
- 2010 Financial - Consolidated
- 2010 Financial - Non Consolidated
- 2009-Financial - Consolidated
2009-Financial - Non Consolidated
- 2008 Financial - Consolidated
- 2007 Financial - Consolidated
- 2006 Financial - Consolidated
- 2005 Financial - Consolidated
For early years, please contact the City's Finance Department, either by emailing Finance@Colwood.ca or by phoning 250-478-5999.