The annual Business Plan & Budget outlines how the City plans to allocate resources to deliver the programs and services residents and businesses rely on every day. The City is required by provincial law to balance its operating and capital budgets each year. Simply put, the money raised must balance the money spent.
Read the full Mayoral Direction re the 2025 Budget & Business Plan.
Did you know? Barrie taxes are in the lower end of other major southern Ontario municipalities. See how Barrie taxes compare to other municipalities.
Schedule
The schedule for presentation and consideration of the Mayor’s and Service Partner’s Budget is detailed below, as per Mayoral Direction MDIR001-24.
| Budget Activity | Start Date | End Date |
|---|---|---|
| Department Operating/ Capital Entry | May 20, 2024 | June 28, 2024 |
| Department Budget Commentary and Supporting Material | July 2, 2024 | July 26, 2024 |
| Finance/Treasurer Budget Review and Final Adjustments | July 2024 | Sept. 2024 |
| Executive Management Team & Mayor Budget Review, Business Plan Binder Development, Mayor Sign-Off and Delivery | Sept. 2024 | Nov. 18, 2024 |
| Finance & Responsible Governance Committee – City Services Budget Presentation | Nov. 20, 2024 | Nov. 20, 2024 |
| General Committee Meeting | Dec. 4, 2024 | Dec. 4, 2024 |
| City Council Meeting | Council approval – City Operating & Capital | Dec. 11, 2024 | Dec. 11, 2024 |
| Service Partner Budgets provided to Council | Jan. 8, 2025 | Jan. 8, 2025 |
| Service Partner Budget Presentations to Council | Jan. 15, 2025 | Jan. 15, 2025 |
| General Committee consideration | Jan. 22, 2025 | Jan. 22, 2025 |
| Adoption by Council | Feb. 12, 2025 | Feb. 12, 2025 |