City Budget
Each year, City Council considers community priorities, expected service levels, and legislated responsibilities as it sets the operating and capital budgets for the City of Peterborough.
Explore information on how the budget is prepared, sources of revenue and how your tax dollars are spent.
The 2025 Budget was approved by City Council at their meeting on February 3, 2025.
2026 Budget consultation
The annual budget process includes community consultation at the beginning of the process before setting the guideline for the development of the draft budget, before the draft budget goes to Council for its deliberations, and before Council considers final approval of the draft budget.
Visit our Connect Peterborough site to share comments about the 2026 Budget and to find resources and information all in one convenient space. While you're there, see what other community engagement opportunities are currently active.
OpenBook budget tool
The OpenBook budget tool enhances the transparency of the City's Budget by allowing us to share financial information visually in accessible and easy to understand formats. View our budget data using charts, tables, and graphs. We hope you find this helpful.
Through our OpenBook reports, you can start at the organizational level then click on a department to go down to the division/section/service level as you explore the financial information for the City. Flip between charts, tables and graphs to display the data in a way that visualizes the information based on your preference.
In OpenBook tables, all column headers labeled as "Current Year" refer to 2025; "Previous Year" refers to 2024.
Please note: The 2025 Budget is the first year that the City has used this budget tool to enhance how it shares information with residents. We're learning how to use the new platform and will be adding features and reports as we explore the tool's capabilities.
OpenBook Budget tool instructions
Use our interactive OpenBook budget tool to view a breakdown of what a residential taxpayer pays for each municipal services.
The Where Your Tax Dollars Go feature shows how much a residential taxpayer pays per $100,000 of assessment. It starts at the City Department level then you can click on each department to view the cost for services within that department. For example:
- Click on Municipal Operations and it goes to the service/division level, where you can see the typical residential taxpayer pays $85.41 per $100,000 of assessment, or 5.22% of the municipal tax dollar for that service
- Click on Outside Organizations at the top level of the tool and it breaks it down to individual outside organizations that receive City funding, showing that the typical residential taxpayer pays $300.42 per $100,000 of assessment, or 18.36% of the municipal tax dollar for that service
See where your municipal tax dollar goes for municipal services. Explore the OpenBook budget tool.
Contact Us
City Hall
500 George St. N.
Peterborough, ON
K9H 3R9
Phone: 705-742-7777
Toll Free: 1-855-738-3755
Email Us