How we build the budget

2018 Budget
 (11.5 MB)

2018 Budget Highlights
 (670 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
April - June Establish Five-Year Financial Outlook (based on guiding principles for financial sustainability and targets for financial health)
May - July Develop Budget Outlook (provides Council with the context and factors that will influence the fiscal capacity of the City)
July 25 Council reviews Budget Outlook 
August - October Develop service plans (includes performance metrics and operational and capital plans for each service, which informs investment decisions)
October - November Public engagement (helps inform staff and Council on investment priorities that are important to the public)
September - November Develop proposed budget
December 11

Council meeting – 2019 Budget and Five-Year Financial Plan (presentation and speakers)

December 18 Council meeting – 2019 Budget and Five-Year Financial Plan approval