Budget
Understanding Budget Basics
Your first question may be "What are operating and capital expenses?"
Operating expenses are expenses required for the day-to-day needs of the Municipality. Operating expenses help us to maintain the current levels of services in the community and cover items like snow plowing, parks and recreation maintenance, fire and police services, and administrative costs.
Capital expenses cover one-time projects (note: this is why we sometimes refer to it as the "Project Budget") which serve as an investment in our future and benefit our overall community. Examples include costs for a new building roof, road repairs, and replacement of vehicles and equipment.
To learn more about budget basics and fuel your participation in the budget process, we encourage you to review the Understanding Budget Basics document.
How does the budget work?
Each year, a Budget Committee is established of all members of Council. This Committee holds Special Budget Meetings. The purpose of the Budget Committee is to lead and direct the budgeting process.
The budget process includes reviewing and evaluating budget submissions from North Perth Boards, Committees, and Departments, seeking public feedback on the draft budget at a Budget Open House, and finalizing a Budget Document for recommendation and presentation to North Perth Council for approval.
We have developed a Budget Process Flowchart to illustrate North Perth's annual budget process.
2025 Capital and Operating Budget
View the chart below for detailed information about the 2025 Capital and Operating Budget process timeline.
|
Date |
Item |
|
Wednesday, November 13, 2024 |
Budget Meeting: Proposed 2025 Operating Budget and Business Plans |
|
Wednesday, November 20, 2024 |
Budget Meeting: Proposed 2025 Capital Budget and 10-Year Forecast Review |
|
Wednesday, November 27, 2024 |
Budget Meeting: Placeholder Draft Operating and/or Capital Meeting (if required) |
|
Monday, December 2, 2024 |
Council Meeting: Fees and Charges By-Law Approval |
|
Wednesday, December 4, 2024 |
Budget Meeting: Endorsement Draft Final 2025 Budget Package and Business Plans Package |
|
Wednesday, December 11, 2024, to Friday, January 3, 2025 |
Final Public Consultation Period |
|
Monday, January 13, 2025 |
Council Meeting: Final Budget Package and Business Plans Approval |
View the PDF version of the 2025 Draft Business Plan and Operating Budget
Public Consultation
Residents are encouraged to provide their input on the proposed budgets.
When beginning the budget process, the Municipality of North Perth asks the community to complete a Budget Survey. This survey is available for approximately 4 weeks on the Your Say North Perth platform and paper copies are available at the Municipal Office and North Perth Public Library branches.
The results from the survey are complied and presented to the North Perth Council at a budget meeting. The results from the survey help the Council and the municipal senior management team build their budget with a focus on the needs of the community.
View the 2025 Budget Survey Report and Presentation
Contact Us
Municipality of North Perth
330 Wallace Avenue North
Listowel, ON N4W 1L3
Tel: 519-291-2950
Toll Free: 1-888-714-1993
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