2020 to 2023 Multi-Year Budget

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2022 Annual Budget Update: Key Dates

Tabling of the General Property Tax & Water/Wastewater & Treatment Budgets:

November 9, 2021, 4 p.m. at Strategic Priorities and Policy Committee

Budget Public Participation Meeting:

November 29, 2021, 4 p.m. at Strategic Priorities and Policy Committee

Property Tax & Water/Wastewater & Treatment Budget Review

December 2, 2021, 9:30 a.m. at Strategic Priorities and Policy Committee
December 3, 2021, 9:30 a.m. (if needed) at Strategic Priorities and Policy Committee

Property Tax & Water/Wastewater & Treatment Budget Approval

December 21, 2021, 4 p.m. at Council


Stay informed!

Sign up to receive key budget information, find out about upcoming virtual public information sessions leading up to the beginning of this year's Annual Budget Update process, and receive project updates using the "Stay Informed" button, located top right on this page.



Video Link for Annual Update Video
Why a Multi-Year Budget?

A multi-year approach to budget allows for better alignment between the long-term goals of Council, as detailed in the 2019-2023 Strategic Plan, and the funding plans required to implement them.

It also 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 this video:



What is an Annual Budget Update to the Multi-Year Budget?

An important element of the Multi-Year Budget is the Annual Budget Update process. It is required under the Municipal Act, 2001.

  • Council must readopt the budget that year, and each subsequent year, for which the multi-year budget applies.

Annual budget updates provide Council the opportunity to change the budget for special circumstances that require funding and resource adjustments. Read more about the Annual Budget Update.



2022 Annual Budget Update: Key Dates

Tabling of the General Property Tax & Water/Wastewater & Treatment Budgets:

November 9, 2021, 4 p.m. at Strategic Priorities and Policy Committee

Budget Public Participation Meeting:

November 29, 2021, 4 p.m. at Strategic Priorities and Policy Committee

Property Tax & Water/Wastewater & Treatment Budget Review

December 2, 2021, 9:30 a.m. at Strategic Priorities and Policy Committee
December 3, 2021, 9:30 a.m. (if needed) at Strategic Priorities and Policy Committee

Property Tax & Water/Wastewater & Treatment Budget Approval

December 21, 2021, 4 p.m. at Council


Stay informed!

Sign up to receive key budget information, find out about upcoming virtual public information sessions leading up to the beginning of this year's Annual Budget Update process, and receive project updates using the "Stay Informed" button, located top right on this page.



Video Link for Annual Update Video
Why a Multi-Year Budget?

A multi-year approach to budget allows for better alignment between the long-term goals of Council, as detailed in the 2019-2023 Strategic Plan, and the funding plans required to implement them.

It also 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 this video:



What is an Annual Budget Update to the Multi-Year Budget?

An important element of the Multi-Year Budget is the Annual Budget Update process. It is required under the Municipal Act, 2001.

  • Council must readopt the budget that year, and each subsequent year, for which the multi-year budget applies.

Annual budget updates provide Council the opportunity to change the budget for special circumstances that require funding and resource adjustments. Read more about the Annual Budget Update.