It's time for the Annual Budget Update!
Learn about the 2019 update being presented to London's Strategic Priorities and Policy Committee, which includes a review of the Operating Budget and Capital Budgets, and the Reserves and Reserve Funds Overview.
Council will be starting work on the next 4-year 2020-2023 budget in the coming months.
Check out the Finance Flicks to understand how municipal budgets are developed, how property taxes are calculated, and what development charges are.
2016-2019 Multi-Year Budget
Council adopted the first ever multi-year budget in March 2016 with the aim to better align longer-term goals and objectives with longer-term funding plans; provide greater certainty to tax payers/residents about the future direction of their property taxes; and improved accountability and transparency over spending plan changes.
To see more details, check the file or visit www.london.ca/budget.