The City of Port Moody's Long Term Strategic Financial Framework outlines a series of financial management principles that will help guide the City towards a financially sustainable future. The plan aims to ensure that Port Moody is well managed, affordable, and sustainable over the long term.

Financial management principles

We have identified the following principles to help guide future decision-making around finances. Each of them work together to provide a broad framework for managing the City's overall finances. Our revenue-generating principles include:

  • property taxes and user fees
  • reserves
  • debt
  • grants
  • development finance

Our cost principles include:

  • asset renewal
  • new capital projects
  • service delivery

We consider each of these items when planning for financial sustainability.