Town staff begin working on the budget over the summer months where each department manager reviews activities and plans for the year ahead. Each department is given a departmental budget and business plan template.
Town staff consider many factors while planning their budget, including:
Departments then complete their budgets and present to Treasury staff who compile and review the budgets and plans, make suggestions and revise accordingly.
Managers and senior staff adjust their budgets according to the Town of Cobourg's financial health, debt, reserve, reserve funds and the Capital Asset Management Plan.
The Finance Department compiles an electronic document which is distributed to Council and senior staff. During that meeting, Council reviews the budget and ensures that it matches Council priorities. Amendments are made by Council to add, delete or amend the proposed budget. The final budget is then approved at the next Council meeting. From this tax rates are set and approved.
|Public Budget Consultation|
|The public is invited to make presentations to Council and senior staff.
October 12, 2016 2:30pm to 4:00pm in the Council Chambers
|Council Budget Scrum|
|Council coordinators and senior staff update Council and the public on potential capital projects.
September 28, 2016 starting at 1:00pm in the Council Chambers
|Coordinator Committee Review Meetings|
|Departments present budgets to the Budget Committee.
December 12 - 16, 2016
|Special Council Budget Session|
|The draft Municipal Operating and Capital Budget
January 24, 2017, starting at 10:00am in the Council Chambers at Victoria Hall
55 King Street West, Cobourg, ON
|Final Budget Goes to Council|
|The final Municipal Operating and Capital Budget is submitted for final approval by Council.
January 30, 2017 at 7:00pm in the Council Chambers
The 2017 Draft Operation and Capital Budget's are now available for reivew. A Special Budget Review Committee of the Whole meeting is schedule for Tuesday, January 24th starting at 10:00am in the Council Chambers at Victoria Hall.
Additional supporting documents, to provide Cobourg citizens with further insight into the proposed 2017 budget, will be available to members of the public who attend this public meeting and will be posted here once available.