Approved 2020 Budget

full bike rack

Hunter Street Bridge

City Council approved the City’s 2020 Budget that includes $287.4 million in operating for providing services and maintaining infrastructure as well as $57.4 million in capital investments, at its meeting on Thursday, January 30, 2020. 

The all-inclusive (municipal, education and sewer surcharge) property tax increase is 2.75% for 2020, which is $9.23 a month more than in 2019 for a residential property assessed at $260,000. 

During the budget deliberations, Council put $227,700 in the budget to maintain municipally operated child care centres after a reduction in provincial funding and decided to add $426,400 for climate change action. 

Council deferred a decision on whether to close Northcrest Arena after the 2019-2020 season to allow City staff more time to consult with user groups on potential ways to fund $1.5 million in equipment replacement and structural repairs to the arena that would be needed to keep the facility operating until April 2023. Without the work, the facility wouldn’t be able to reopen for the 2020-2021 season. The funding for that work isn’t in the approved 2020 Budget. City staff will report back to Council on the discussions with user groups. 

Changes to the draft 2020 Budget
Change to the draft 2020 Budget Tax levy requirement change Impact on the all-inclusive tax rate for a typical residential property 

Contribution to the Climate Change Action Plan Reserve 

$426,400 

0.25% 

Adding a crossing guard at Monaghan Road and Hopkins Avenue 

Funding already in budget 

No impact 

Continuing to provide lifeguards at Rogers Cove and Beavermead Park beaches 

$46,919 

0.03% 

Providing $280,000 in federal-provincial funding to support the creation of two affordable rental housing units at the Mount Community Centre and providing a refund of $51,000 for a portion of previously charged Building Permit fees 

The $280,000 is funded through an agreement with the province and federal government. The $51,000 in permit fees are to be funded through the City’s Housing Partnership Reserve. 

No impact 

Adding $330,000 to keep open municipally operated child care centres and school age programs after a reduction in provincial funding for Children’s Services 

Cost is shared between the City ($227,700) and County ($102,300) of Peterborough. The County share does not affect the City tax levy requirement. 

0.13% 

Reducing the net Child Care Expansion Budget from $300,777 to $255,457 as a result of further information from the province and adding the $45,320 savings to the City’s 2020 general contingency provision 

No impact 

No impact 

Adding a Zoning Administrator position to review permit applications and assist with enquiries associated with work orders and violations 

No impact – cost of position will be recovered through permit fees 

No impact 

Adding a Technologist/Inspector position in engineering to administer contracts and inspect work associated with implementing the Stormwater Quality Master Plan 

No impact – funded from existing Capital Budgets 

No impact 

Adding two summer student positions – Lab Summer co-op for the Landfill and Enforcement summer co-op for effluent monitoring 

No impact – funded from existing Sewer Surcharges and expected increased revenue from Industrial Waste Surcharge agreements 

No impact 

Council also decided as part of its budget deliberations to use $35,000 from previously approved funding for the Municipal Cultural Plan for a one-time increase in funding for the Electric City Culture Council. The additional funding for the arts council would increase its funding to $85,000 in 2020. 

As part of the process to draft the 2020 Budget, Council led a series of five Budget Roadshow drop-in meetings between April and June 2019 and the City offered a survey on community priorities. Comments from the community on budget priorities, expected service levels, and legislated responsibilities were considered as the City prepared the draft 2020 Budget. The draft 2020 Budget was released for public review on Monday, December 9, 2019. 

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Yvette Peplinskie, Manager of Financial Services

City of Peterborough

705-742-7777 ext. 1862