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2025 Annual Budget Update Adopted
The 2025 Annual Budget Update has been adopted. On November 21 and 22, Budget Committee met and deliberated further amendments to the City’s budgets. Minutes of the November 21, 2024 Budget Committee are posted here, and minutes of the November 22, 2024 Budget Committee are posted here.
On November 27, Council approved actions taken by the Budget Committee and on the same day, the Mayor decided that veto power will not be taken. Budget documents are currently being updated to reflect approved amendments and will be published soon. To review the Mayor's Tabled Budget for Council's Consideration released on October 28, 2024, click here.
Finance Flicks
We have created a series of “Finance Flicks” to answer some of your most asked questions:
The 2025 Annual Budget Update has been adopted. On November 21 and 22, Budget Committee met and deliberated further amendments to the City’s budgets. Minutes of the November 21, 2024 Budget Committee are posted here, and minutes of the November 22, 2024 Budget Committee are posted here.
On November 27, Council approved actions taken by the Budget Committee and on the same day, the Mayor decided that veto power will not be taken. Budget documents are currently being updated to reflect approved amendments and will be published soon. To review the Mayor's Tabled Budget for Council's Consideration released on October 28, 2024, click here.
Finance Flicks
We have created a series of “Finance Flicks” to answer some of your most asked questions:
Prior to or in conjunction with completing this survey, Londoners are encouraged to review the Mayor’s Tabled Budget for Council’s Considerationfor further details on each budget amendment. Once you have completed the survey, please click “Submit” at the bottom of this webpage to ensure your feedback is shared with City staff.
The survey will close on Monday, November 18, 2024 at 8:30 a.m. This will ensure that there is adequate time to summarize the results and include them in the agenda for the Budget Committee meeting on November 21, 2024.
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The personal information collected on this webpage is collected under the authority of the Municipal Act, 2001, S.O. 2001, c. 25, and will be used to ensure the integrity of the public engagement process results for the 2024-2027 City of London Multi-Year Budget. Questions about this collection should be addressed to the Financial Planning & Policy division at 300 Dufferin Ave., London, ON N6A 4L9. Telephone: 519-661-4638, email: budget@london.ca .
Timeline
May 7, 2024
2025 Annual Budget Update has finished this stage
Budget Update Kick-off Report at Strategic Priorities and Policy Committee (SPPC)
May 2024 to October 2024
2025 Annual Budget Update has finished this stage
Development of the 2025 Annual Budget Update
October 28, 2024
2025 Annual Budget Update has finished this stage
Release of the Mayor’s Proposed 2025 Budget Update on the “Added” Agenda for the October 29 Budget Committee Meeting
October 29, 2024
2025 Annual Budget Update has finished this stage
Budget Committee 1 PM – Mayor’s Budget Release – Presentation by Civic Administration and Mayor Morgan.
October 30, 2024 to November 18, 2024
2025 Annual Budget Update has finished this stage
Public Engagement Event Period (budget information sessions)
November 19, 2024
2025 Annual Budget Update has finished this stage
Public Participation Meeting at Budget Committee (4.pm.)
November 21, 2024 and November 22, 2024 (if needed)
2025 Annual Budget Update has finished this stage
Budget Committee Deliberations (9:30 a.m.)
November 27, 2024
2025 Annual Budget Update has finished this stage
Special Council Meeting for Approval of Budget Committee Amendments to the Mayor’s Proposed Budget (1 p.m.)
November 27, 2024
2025 Annual Budget Update has finished this stage
Mayoral decision - veto power will not be exercised and budget is adopted
In progress
2025 Annual Budget Update is currently at this stage