City of Pitt Meadows
12007 Harris Road
Pitt Meadows, B.C., V3Y 2B5
What is a Business Plan?
A Business Plan is a guide - a roadmap that outlines how the City's goals, as outlined in the Corporate Strategic Plan, are to be achieved.The Plan identifies the key activities to be undertaken by each Department and the resources (budget) required to deliver programs and services in support of Council's goals and objectives.
Business plans are approved by Council and are reviewed and revised annually to ensure they remain current and responsive to newly emerging issues/challenges and changing conditions.
Some of the issues/challenges affecting the municipality include:
Business Planning & Guidelines for 2015
How does the Business Plan relate to the Financial Plan?
The financial plan is a critical component of the annual review of business plans.Each year, City Council must adopt a five year financial plan that is informed by the development of annual business plans and ensures the resources needed to deliver the wide range of services to our citizens are balanced against the City's revenues or "ability to pay".
Revenue sources include:
- property tax
- sale of services, including utility charges
- development cost charges
- transfers from other governments
The financial plan is updated every year, along with the Business Plan.