2020-2023 Multi-Year Budget

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Annual Budget Update

The City of London's finance team is hard at work preparing the first annual budget update for the 2020-2023 Multi-Year Budget. The annual update allows both the opportunity and flexibility for Council and Civic Administration to check in on City initiative investments and make any necessary changes to ensure Londoner's continue to receive the programs and services they value.

The #LdnBudget team tabled the annual update on November 17, 2020 at the Strategic Priorities and Policy Committee meeting. Below you will find the presentation given at that meeting.

2021 Budget Update Tabling Presentation


Why an Multi-Year Budget?

A multi-year approach to budget allows for better alignment between the long-term goals of Council and the funding plans required to implement them and provides Londoners with a clearer picture of service areas and programs their property tax dollars support.

Listen to Kyle Murray, Director of Financial Planning and Business Support speak to the flexibility of the MYB and the need for the annual update in the video link below.


Video Link for Annual Update Video


Annual Budget Update

The City of London's finance team is hard at work preparing the first annual budget update for the 2020-2023 Multi-Year Budget. The annual update allows both the opportunity and flexibility for Council and Civic Administration to check in on City initiative investments and make any necessary changes to ensure Londoner's continue to receive the programs and services they value.

The #LdnBudget team tabled the annual update on November 17, 2020 at the Strategic Priorities and Policy Committee meeting. Below you will find the presentation given at that meeting.

2021 Budget Update Tabling Presentation


Why an Multi-Year Budget?

A multi-year approach to budget allows for better alignment between the long-term goals of Council and the funding plans required to implement them and provides Londoners with a clearer picture of service areas and programs their property tax dollars support.

Listen to Kyle Murray, Director of Financial Planning and Business Support speak to the flexibility of the MYB and the need for the annual update in the video link below.


Video Link for Annual Update Video

  • Key Dates and Budget Timelines

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    10 Nov 2020

    Tabling of General Property Tax and Water/Wastewater and Treatment Budgets

    • November 17, 2020, 4:00 p.m. at the Strategic Priorities and Policy Committee


    Budget Public Participation Meeting

    • December 7, 2020, 4:00 p.m. at the Strategic Priorities and Policy Committee


    Property Tax and Water/Wastewater and Treatment Budget Review

    • December 10, 2020. 9:30 a.m. at the Strategic Priorities and Policy Committee
    • December 11, 2020, 9:30 a.m. (if needed) at the Strategic Priorities and Policy Committee


    Property Tax and Water/Wastewater and Treatment Budget Approval

    • January 12, 2021, 4:00 p.m. at Council


    You can watch the budget meeting live at london.ca/livestreaming

  • Comments & Questions

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    10 Nov 2020

    Have any questions or comments about the Multi-Year Budget or the Annual Budget Update?

    The City of London's finance team will be happy to help you. Contact the team by email at budget@london.ca or call 519-661-4638.


    Interested in providing feedback on the budget?

    • Public Participation Meeting

    There will be a Public Participation Meeting held on the Annual Budget update on December 7, 2020. Find out more about the PPM process.

    • Connect with your Councillor

    Your City Councillor is always interested in hearing your feedback and concerns. To learn who your Councillor is or what ward your neighbourhood falls under, visit the City Council page of London.ca.



  • Property Tax Breakdown Calculator

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    10 Nov 2020

    The City of London's Property Tax Breakdown Calculator for the 2020-2023 Multi-Year Budget is a tool to help provide insights into how your tax dollars are spent over the four year budget approved by Council on March 2, 2020.

    Property Tax Calculator

  • Finance Flicks

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    10 Nov 2020

    The City of London team have compiled a number of 'Financial Flicks' that will answer some of your most asked questions.

    Please take some time and view these short videos.

    What is a Multi-Year Budget and Why Does London Have One?

    Budget Basics: Building the Budget

    How Your Property Tax is Calculated

    The World of Development Charges

    What is Assessment Growth