Back to SearchDIEPPE, N.B. – The Dieppe City Council adopted a long-term financial plan and three new related policies during its public meeting on February 12. The municipality is therefore embarking on a new era of financial health and sustainability through its leadership in responsible fiscal policy.
"The Long-Term Financial Plan enables us to balance growth, development and service improvement and shows that Dieppe has a long-term vision," said Mayor Yvon Lapierre. "We want to continue delivering quality services to our residents while striking a balance between development and expansion opportunities to keep pace with the growth Dieppe is experiencing."
The 2018-2037 Long-Term Financial Plan and the Prioritization of Capital Projects and Investments in the City of Dieppe, Debt and Management of Affordability, and Financial Management policies include reducing the debt ratio to below 10% within 10 years.
"The implementation of the long-term financial plan sets the course for Dieppe's financial sustainability and its ability to respond to contingencies," said Steve Landry, Deputy Treasurer for the City of Dieppe. "The plan includes measures for reducing the infrastructure deficit, developing a building replacement program, managing reserve funds, and keeping debt at a manageable level by implementing an annual borrowing limit."
The 2018-2037 Long-Term Financial Plan and Policy FIN-02 – Prioritization of Capital Projects and Investments in the City of Dieppe, Policy FIN-03 – Debt and Management of Affordability, and Policy FIN-04 – Financial Management can be consulted at dieppe.ca under the "News" tab.