2025 Municipal Budget

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We want to hear from you! Tell us what your thoughts are on what the Town should focus on in 2025.

Coffee With Council is an opportunity to meet with members of Council and senior Town Staff to discuss plans for the 2025 Municipal Budget. Have your say and share your ideas - members of Council and Staff want to hear from you!

Date and Time to be confirmed.
Virtual Session: Details to be confirmed.
In-person session will be at the Collingwood Public Library (55 Ste Marie St.), 3rd Floor, Community Rooms B & C. Date and time to be

We want to hear from you! Tell us what your thoughts are on what the Town should focus on in 2025.

Coffee With Council is an opportunity to meet with members of Council and senior Town Staff to discuss plans for the 2025 Municipal Budget. Have your say and share your ideas - members of Council and Staff want to hear from you!

Date and Time to be confirmed.
Virtual Session: Details to be confirmed.
In-person session will be at the Collingwood Public Library (55 Ste Marie St.), 3rd Floor, Community Rooms B & C. Date and time to be confirmed.


The Budget is one of the most important matters your elected Council will decide, and your input will help Council identify key investments and priorities and balance them with tax and fee changes. Please consider getting involved by attending any of the meetings in the Budget Timeline or dropping us an email at budget@collingwood.ca.

What is a budget?
It is the most important document that any government adopts. It is a plan that sets out anticipated spending for the year and where the money will come from. It determines the services the municipality will provide and defines any improvements or expenses related to buildings or resources that will be made that year. A budget is the blueprint that outlines how municipal funds are collected and allocated. The overall budget can be separated into two main components – the Operating Budget and the Capital Budget. All the municipality’s income is invested in programs and services that make Collingwood a very desirable place to live, work and play!

What is an Operating Budget?
The operating budget is the plan for the day-to-day operations of the Town including salaries, legal and insurance costs, and winter control. These expenses are required annually to run the municipality. Every Town program and service is funded through the operating budget, which is designed to ensure dependable delivery of a broad array of programs and services that residents rely on every day. Your municipal government is responsible for providing fire and police services, roads, clean water, parks, arenas, library services, and much more. Many of these services are available 24 hours a day, seven days a week. These services and programs are largely funded by tax dollars and user fees which include charges for recreation programs, water, and wastewater services.

What is a Capital Budget?
The capital budget is the annual plan for the purchase and financing of the Town’s capital assets. Capital assets are projects and expenses where the benefits can be seen over the course of many years, such as roads, bridges, land, buildings, machinery, and equipment. The bulk of the capital spending goes to maintaining and fixing existing infrastructure, and is funded through dedicated accounts (similar to savings accounts) that have been built up through taxation and grants.

Building new infrastructure that is needed for keeping up with the growth of the community is funded through charges on the new developments being built.

Balancing the Budget
Each year municipalities are faced with the challenge of balancing the budget, as required by provincial legislation. A municipality can take on debt to pay for large capital acquisitions, however it must ensure that there is enough money to fund day-to-day operations. In order to balance the budget, a careful analysis must be done regarding the level of services required to meet the expectations of the community and the realistic taxation and user fee levels.

Have a question about the Budget process? Please ask us here.

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Page last updated: 04 Oct 2024, 09:45 AM