Budget and Finances



The City of Peterborough follows an extensive process for establishing our operating and capital budgets each year. We hold several public meetings - before setting the guidelines for developing the draft budget, before Council holds its budget deliberations for discussing and debating on the items in the budget, and before Council considers final approval of the budget. Residents engage with Council members and City staff on community priorities and on what's in the draft budget.

City Council approved the City of Peterborough 2019 Budget, including Operating and Capital Expenditures on Monday, January 28, 2019.

The draft 2020 Budget was presented on Monday, December 9 for public review. Council will meet as Finance Committee from January 13 to 16, 2020 to consider the draft 2020 Budget. Council will consider final approval of the 2020 Budget at its regular meeting on January 27, 2020.

2020 Budget

Our 2020 Budget page includes information on spending, revenue, the budget process, and community consultation opportunities.

2019 Budget

Past budgets

2018 Approved budget

2017 Approved budget

Consolidated financial reports

Annual Audited Financial Statements are compiled and released each year in November for the previous year. Please contact Financial Services for reports prior to 2015.

Financial reports

Public sector salary disclosure

The Public Sector Salary Disclosure Act, 1996, requires all public sector employees who receive more than $100,000 annually plus benefits must be reported publicly in the following year.

Public sector salary disclosure


The City of Peterborough abides by our Procurement By-Law when we procure goods and services. Our bids and tenders process complies with this by-law.