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The budget is the City's plan for the coming period, expressed in dollars. The draft budget prepared by staff is the culmination of ongoing engagement on public priorities throughout the year starting with the strategic plan followed by master plans, public meetings, online engagement, and informal feedback. The budget is prepared taking into consideration both this community input and direction from City Council. The staff proposed budget is then taken to the City’s Budget and Audit Committee for review and comment, and then brought to Cambridge City Council.
On March 4, 2019, Cambridge City Council approved the 2019 operating budget with a 2.38 per cent tax rate increase representing an impact of $32 per average household with an assessment value of $310,000.
The City’s water utility budget was approved representing a combined increase for water and wastewater of 4.31 per cent or $48 for the year for the average household consuming 204 cubic meters of water annually. This increase is less than the projected increase due to a significant reduction in water loss through investment in the city’s water and sewer infrastructure.
Further, the City’s capital investment budget including $61.8 million in capital investment was also approved, aligned with the city’s strategic plan with a focus on the areas of Community Wellbeing, Arts, Culture, Heritage and Architecture, and Transportation and Infrastructure.
Special thank you those who participated in the 2019 budget process. For more information, visit www.cambridge.ca/budget.
The budget is the City's plan for the coming period, expressed in dollars. The draft budget prepared by staff is the culmination of ongoing engagement on public priorities throughout the year starting with the strategic plan followed by master plans, public meetings, online engagement, and informal feedback. The budget is prepared taking into consideration both this community input and direction from City Council. The staff proposed budget is then taken to the City’s Budget and Audit Committee for review and comment, and then brought to Cambridge City Council.
On March 4, 2019, Cambridge City Council approved the 2019 operating budget with a 2.38 per cent tax rate increase representing an impact of $32 per average household with an assessment value of $310,000.
The City’s water utility budget was approved representing a combined increase for water and wastewater of 4.31 per cent or $48 for the year for the average household consuming 204 cubic meters of water annually. This increase is less than the projected increase due to a significant reduction in water loss through investment in the city’s water and sewer infrastructure.
Further, the City’s capital investment budget including $61.8 million in capital investment was also approved, aligned with the city’s strategic plan with a focus on the areas of Community Wellbeing, Arts, Culture, Heritage and Architecture, and Transportation and Infrastructure.
Special thank you those who participated in the 2019 budget process. For more information, visit www.cambridge.ca/budget.
The City of Cambridge is committed to making a better place for you to live, work and play. Striking the right balance between delivering day-to-day services and expanding upon new initiatives can be a challenge. Help us by letting us know what your priorities are for 2019.
Consultation has concluded
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How a municipal budget works
Budget Process
Step 1 - Preparation
Budget 2019 has finished this stage
The budget is prepared taking into consideration both year-long community feedback and direction from City Council.
Step 2 - Internal Staff Review
Budget 2019 has finished this stage
The capital
budget is reviewed by an internal Capital Budget Working Group of
senior management representatives to prioritize projects within
funding constraints for all 10 years of the capital forecast.
Step 3 - Strategic Alignment
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The budget is the reviewed by the City's Corporate
Leadership Team - the senior-most level of administration at the City. The
Corporate Leadership Team ensures the budget aligns with the strategic plan and
Council direction.
Step 4 - Budget Info Series
Budget 2019 has finished this stage
The Budget Info Series is the step in the process
that ensures the community has the opportunity to learn more about the budget
before taking it to the Budget and Audit Committee for approval.
Step 5 - Budget and Audit Committee
Budget 2019 has finished this stage
After taking into consideration feedback gathered
from all previous steps, the draft budget is then presented to the Budget and
Audit Committee for review and alterations where necessary.
Step 6 - City Council
Budget 2019 has finished this stage
When the Budget and Audit Committee is satisfied
with a draft of the budget, it is then presented to Cambridge City Council for
final approval.