A municipality’s budget is a detailed summary of money that is coming into the municipality and how that money is then spent during a specific period of time. Municipalities receive about 9% of all taxes collected but are responsible for over 50% of the infrastructure. There are two main components of a municipal budget: operating and capital. Operating is all the day-to-day activities of the corporation while capital pays for all the big investments in infrastructure under the municipality’s control such as roads, bridges and facilities. To learn more about how the municipal budget process works, please watch the video on How your Municipality Budget Works.
On January 16, 2024 Council passed the 2024 Operating and Capital Budget. Please refer to the 2024 Budget Summary and Budget Q and A document for further information.
| Budgets by year |
Key areas of responsibility: