Budget review and approval stages
DateBudget activity

May 6

City Council, Finance Committee meeting, presentation of preliminary guideline for 2020 Budget development

Monday, June 10

City Council's Finance Committee considers recommended guidelines for creating the 2020 Budget

Monday, June 24

City Council approves setting the guidelines for the creation of the 2020 Budget

Monday, December 9

City Council, Finance Committee receives draft 2020 Budget documents, which begins the official review of the draft documents, and draft Budget posted on our website

Monday, January 13 to Thursday, January 16, 2020

Council holds Finance Committee meetings each day to review and discuss the draft 2020 Budget documents

Monday, January 27, 2020

Council considers final approval of the 2020 Budget 

Community engagement opportunities
DateEngagement opportunity
Monday, April 15 Opening of public survey on budget priorities
Monday, April 15 Ward 1 Otonabee public meeting, Peterborough Sport and Wellness Centre, 775 Brealey Dr., 7 p.m. to 9 p.m.
Thursday, April 18 Ward 2 Monaghan public drop-in session, Clonsilla Fire Station 3, 839 Clonsilla Ave., 6 p.m. to 7 p.m.
Thursday, April 25 Ward 3 Town public drop-in session, Peterborough Public Library, 345 Aylmer St. N., 5 p.m. to 6:30 p.m.
Monday, April 29 Ward 5 Northcrest public drop-in session, Northcrest Community Centre, 100 Marina Blvd., 6 p.m. to 7 p.m.
Tuesday, May 7 Ward 4 Ashburnham public drop-in session, Peterborough Museum and Archives, 300 Hunter St. E., 6 p.m. to 7 p.m.
Friday, May 10 Closing of public survey on budget priorities
Wednesday, May 22 City Council, Finance Committee meeting to hear public delegations on the preliminary guideline for the 2020 Budget development
Monday, June 24 City Council to consider ratifying its Finance Committee’s decision on the guidelines for the creation of the 2020 Budget, opportunity for public delegations during the meeting
Monday, January 13, 2020 Public meeting to hear from the community on the draft 2020 Budget
Monday, January 27, 2020 Council considers final approval of the 2020 Budget, opportunity for public delegations

Community consultation

The annual budget process includes community consultation at the beginning of the process before setting the guideline for the development of the draft budget, before the draft budget goes to Council for its deliberations, and before Council considers final approval of the draft budget.

2020 Budget community consultation page

Budget guideline

Each year, the budget process starts with setting the guideline for the drafting of the budget. City Council and City staff talk with the community about their ideas and comments on expectations for budget priorities for the next year. The feedback from the community is put together with information on budget pressures for the coming year, including costs for expected service levels, legislated responsibilities, and infrastructure needs to create recommendations for the budget guideline. Council sets the budget guideline, which sets the direction for preparing the draft budget for Council's consideration.

For 2020, Council set a guideline of a 2.34% all-inclusive (municipal, education, storm and sewer surcharge) property tax increase for a typical single-detached home with an assessed value of $260,000.

 2020 Budget guideline - approved by Council

At its meeting on June 24, 2019, Council approved the following directions for the drafting of the 2020 Budget:

  • That the Draft 2020 Operating Budget reflect an estimated 1.75% all-inclusive (Municipal, Education, Sanitary Sewer Surcharge) increase for general Operating Budget impacts
  • That the Draft 2020 Operating Budget reflect an additional 0.59% all-inclusive budget provision for support to the capital program comprised of:
  1. A budget provision of $620,000 (0.36%) for Stormwater Protection
  2. An increase in the Sewer Surcharge rate to provide the equivalent of $350,000 (0.23%) in Sanitary Sewer revenues
  • That the revised Tax Ratio Reduction Program continues for the 2020 Draft Budget and reflects reductions:
  1. to the Commercial and Industrial Class Tax Ratios but not the Multiresidential Class
  2. at the reduced rate established through the 2016 Budget process
  • That the increase in the Police Services portion of the draft 2020 Operating Budget reflect no more than the Operating portion of Net Tax Levy increase (estimated to be 2.78%), and any increase in the net Police Services budget beyond the estimated Operating Portion of the Net Tax Levy increase be addressed by Council as part of the detailed 2020 Budget deliberations to occur in November of 2019
  • That Council commit, in principle, to leveraging the Investing in Canada Infrastructure Program federal and provincial funding, subject to annual budget approvals, by funding the municipal share of the projects estimated to be approximately $22 million over the next eight years, or an average of $2.75 million per year, to maximize the available grants
  • Unless new, sustainable funding becomes available from another level of government or outside source, no new services are to be added to our municipal tax base for the 2020 budget.

staff report provided background on the recommended preliminary budget guideline.