Budget and Finances

Cenotaph

Budget

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

2019 Budget

Past budgets

2018 Approved budget

2017 Approved budget

2020 Budget process

We follow a specific process for establishing our operating and capital budgets each year, which includes multiple public meetings to hear about the priorities of our residents and reports to Council sitting as the Finance Committee. Here is the process we have planned for the 2020 Budget. We will post more information as the dates get close.

The results from the 2020 Budget survey on budget priorities will be included in the report to Council's committee meeting on June 10, 2019 before Council considers approving a budget guideline at its meeting on June 24, 2019.

2020 Preliminary Budget Guidelines

Public 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
Wednesday, November 13 Public meeting to hear from the community on the draft 2020 Budget
Monday, December 9 Council considers final approval of the 2020 Budget, opportunity for public delegations
Budget document release and review by Finance Committee
DateBudget activity

May 6

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

Monday, June 10

City Council, Finance Committee meeting to consider recommendations to approve guidelines for the creation of the 2020 Budget

Monday, October 28

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

Monday, November 18 to Thursday, November 21

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

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

Purchasing

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