Kimberley updates five-year financial plan to reflect project funding

Kimberley City Council has adopted an amendment to its 2026-2030 Five-Year Financial Plan to account for several projects and budget adjustments identified since the plan was approved in April.

The amendment includes funding for four projects, with costs covered by the City and external funding.

The amendment includes:

• $25,000 for the Economic Development Capacity Review, funded from the General Operating Capital Reserve and supported by matching ETSI-BC grant funding.
• $98,233 in additional funding for the Morrison Lift Station Upgrade, funded from the Sewer Operating Capital Reserve.
• $400,000 for a wildfire and hydrological modelling project, funded through a $300,000 Columbia Basin Trust grant and $100,000 from the General Operating Capital Reserve.
• $12,200 in additional funding for property acquisition costs related to Wallinger Avenue East, funded by the Kimberley Land Development Reserve.

The amendment formally incorporates the previously approved expenditures and their associated funding sources into the City’s financial plan.