How we build the budget

2017 Budget
 (8 MB)

2017 Budget highlights
 (241 KB)

The annual budget is not just about revenues and expenditures. It reflects what Council, businesses, residents, and the community value.

Steps we follow to develop the budget

Date Step we take to develop the budget
June – September Establish Five-Year Financial Outlook (based on guiding principles for financial sustainability and targets for financial health)
August – September Develop service plans (include performance metrics and operational and capital plans for each service, which inform investment decisions)
August – September Develop Budget Outlook (provides Council with the context and factors that will influence the fiscal capacity of the City)
October 4 Council reviews Budget Outlook
October Public engagement (helps inform staff and Council on investment priorities that are important to the public)
September – November Develop proposed budget
December 7  Council meeting – 2017 Budget and Five-Year Financial Plan (presentation and speakers) 
December 13 Council meeting – 2017 Budget and Five-Year Financial Plan approval