The City of Peterborough operates on the Council-Chief Administrative Officer system of municipal government. The Council is comprised of a Mayor and ten Councillors who hold regular General Committee and Council meetings on a four-week cycle.

The City Council division budget includes remuneration for the Mayor and Councillors, a staff position for an Assistant to the Mayor, corporate membership fees and training expenses for council members. 

Council Remuneration is based on the motions approved with Report CLSFS20-071 dated December 1, 2020. The motions read as follows:

b) That the current level of Council compensation indexing be maintained annually with increases for the 2022-2026 term of Council the lesser of either the CPI or staff increases; and

c) That Councillor Compensation include certain Employee Benefits as outlined in Chart 1 of Report CLSFS20-071 and,

i) That the position of Councillor also receive an annual car/transportation allowance in the amount of 50% of the Mayor's car allowance;
ii)That the position of Councillor receive matching funds to a registered pension fund up to 9% of their base Council salary.

For the 2025 Budget, remuneration for the Mayor is estimated to be $92,373 plus $23,341 in benefits and for each Councillor, $36,185 plus $10,728 in benefits. 

The budget for 2025 includes increases for approved wage and benefits costs and municipal advocacy.

Interactive Budget

Explore the City's budget using the interactive OpenBook feature, including expenses by department and division as well as a breakdown of what a typical residential property taxpayer pays per $100,000 of assessment.

The full budget information is available in the Draft 2025 Budget book.

The OpenBook budget tool enhances the transparency of the City's Budget by allowing us to share financial information visually in accessible and easy to understand formats. View our budget data using charts, tables, and graphs. We hope you find this helpful.

Through our OpenBook reports, you can start at the organizational level then click on a department to go down to the division/section/service level as you explore the financial information for the City. Flip between charts, tables and graphs to display the data in a way that visualizes the information based on your preference.

In OpenBook tables, all column headers labeled as "Current Year" refer to 2025; "Previous Year" refers to 2024.

Please note: The 2025 Budget is the first year that the City has used this budget tool to enhance how it shares information with residents. We're learning how to use the new platform and will be adding features and reports as we explore the tool's capabilities.

OpenBook budget tool