2025 Capital and Operating Budget

The Town of Cobourg undergoes an annual budget process to align the financial resources required to provide the programs and services that establish the high quality of life residents enjoy in our community. The budget is presented by the Treasurer, with input from municipal staff on their individual departments. It is then presented to Council for review and deliberation prior to final approval.

Each year, the Corporation is faced with variables that are outside of Council or staff control. Aging infrastructure, inflation, policy changes, unexpected funding opportunities, and the changing needs of residents. Council must make budgetary decisions, based on the immediate and future needs of the community. To help Council make informed decisions, staff draw upon Council’s Strategic Plan to ensure that the financial decisions made annually, will help achieve the future vision for Cobourg as well as community input to gain insight into the desire of residents.

Community Engagement Breakdown
The 2025 Budget Community Engagement Plan is broken down into two phases. Phase One Community Engagement sought insight for Council on the current programs and services residents feel require additional funding and/or staff attention as well as community recommendations for programs and services that align with Council’s Strategic Plan. The results of Phase One Community Engagement were presented at the October 29, 2024 Budget meeting.

Phase Two Community Engagement
The Phase Two survey seeks community feedback on the draft budget and will be open until Friday, November 22, 2024, at 9 a.m. Staff will collect all feedback and report back to Council at the November 26, 2024, Budget Meeting.

Draft Budget

• Draft 2025 Capital Budget
• Draft 2025 Operating Budget
• Draft 2025 Environmental Capital
• Draft 2025 Environmental Operating
• Draft 2025 Stormwater

Phase One Survey Results
View slides 10-31 in this presentation to view the results from the Phase One Engage Cobourg survey. Thank you to everyone who participated!

Stay Up to Date on the 2025 Budget:
Subscribe to this project to stay up-to-date on the 2024 Budget deliberations and engagement opportunities.

Submit a Delegation to Council
If a member of the public wishes to speak to Council regarding a Budget Item, you may attend the meeting in-person or electronically. Speakers may speak for up to 10 minutes of uninterrupted time and only on the matter pertaining to the item. Anyone wishing to speak at the meeting will be required to fill out a Request to Speak form at the meeting. Contact the Clerks for more information: clerk@cobourg.ca or call 905-372-4301.

If you require any of the information in an accessible format, please contact the Communications Department at communications@cobourg.ca.