City of Peterborough Holding Public Meeting To Hear Delegations On the Draft 2023 Budget
/A public meeting for delegations to City Council on the City of Peterborough’s Draft 2023 Budget will be held starting at 6 p.m. on Monday ahead of Council’s review of the budget documents.
It is occuring during a series of Finance Committee meetings from Jan. 16 to 19 announced on Wednesday.
File Photo.
To register as a delegation for the meeting, please use the online form at peterborough.ca/delegation or call the City Clerk’s Office at 705-742-7777 ext. 1820. Delegates must be registered by 11 a.m. on Monday to speak at the public meeting. The meeting will be live streamed at peterborough.ca/WatchCouncil.
The Draft 2023 Budget is available at peterborough.ca/budget.
Council received a presentation on the Draft 2023 Budget at its meeting on Dec. 5.
Council is expected to consider approving the City’s 2023 Budget at its meeting on Jan. 30.
The Draft Operating Budget includes $326.6 million for programs and services, such as waste management, road maintenance, wastewater sewers and treatment, social assistance, affordable housing, recreation, arts and heritage, fire services, and policing.
The Draft Capital Budget includes $131.2 million for various infrastructure and capital projects such as road work, a household organic waste composting facility and collection equipment, flood reduction efforts, facility maintenance, funding for the planned replacement of a fire station, sanitary sewer repairs, construction of a new twin-pad arena, and police capital projects.
The Draft 2023 Budget includes a proposed 4 per cent increase in the all-inclusive property tax rate. The proposed increase would equate to an additional $5.63 monthly or an additional $67.61 annually per $100,000 of residential assessment.
Council approved the guidelines for creating the Draft 2023 Budget at its meeting on July 25 following a series of community consultation meetings, a survey, a public budget meeting, and a Council meeting when residents could present to Council on the budget guidelines. A What We Heard document that summarizes the survey submissions is available on Connect Peterborough, the City’s online community engagement hub, at connectptbo.ca/2023Budget.
2023 Budget process
March 17, 2022 – 2023 Budget survey opens
March-April 2022 – A series of five drop-in style consultation meetings
April 29, 2022 – 2023 Budget survey closes
June 22, 2022 – Public meeting on draft budget guidelines
July 25, 2022 – Council approves guidelines for creation of the Draft 2023 Budget
Dec. 5, 2022 – Council receives Draft 2023 Budget documents and Draft Budget is posted for public review
Jan. 9, 2023 – Public meeting on Draft 2023 Budget
Jan. 10, 2023 – External agencies present at Finance Committee meeting
Jan. 16-19, 2023 – Finance Committee meetings to review Draft 2023 Budget
Jan. 30, 2023 – Council considers approving 2023 Budget
