Proposed 2005 Current and Capital Budget
Current Budget
The Budget & Strategic Planning Committee will review the Proposed 2005 Current Budget on Wednesday, March 2, 2005 and Thursday, March 31, 2005. The final approval of the 2005 Current Budget will be on Monday, April 11, 2005.
The proposed net tax levy in the 2005 proposed current budget is $75,617,317. This equates to a 3.94% tax rate increase over 2004 on the city's portion of the property tax bill or $35.18 for the average urban home assessed at $250,000. The proposed 3.94% increase in the City’s tax rate combined with the approved Regional tax rate increase and assuming no increase to the residential Education rates result in an overall tax rate increase of approximately 2.3% for Burlington urban residents.
In the event that Council approves the additional items recommended in the 1.5% Decision Unit list, an overall tax rate increase of 2.8% would result for Burlington residents. This translates into an overall increase of $77.10 on an urban home with a current value assessment of $250,000. Of this increase, $48.56 pertains to the increase in the City portion of taxes.
Get the Details
An electronic copy of the Proposed 2005 Current Budget can be viewed by simply clicking on the links below. To view a specific chapter, simply click on the link to that chapter below.
- View individual chapters only (recommended):
- View the entire Proposed 2005 Current Budget Book (4.2MG).
- An abbreviated version of the budget presents a very high level overview of the Proposed 2005 Current Budget. To view the abbreviated version of the budget, please click 2005 Proposed Budget Summary document.
Hard Copies of the Proposed 2005 Current Budget are also available to the public for pick up at the Clerk’s Department on the main floor at City Hall during regular office hours (8:45 a.m. to 4:30 p.m.), any time on or after Monday February 28, 2005.
Public Input
As part of the City of Burlington’s commitment to community involvement and consultation, City Council is inviting public input on the Proposed 2005 Current Budget. The following opportunities are available for community participation in the Current Budget review process:
Wednesday, March 2, 2005
- Overview of the Proposed 2005 Current Budget
- View the 2005 Proposed Current Budget Overview report (F-15/05)
- View the presentation made to the Budget and Strategic Planning Committee
Thursday, March 31, 2005
- To consider amendments and approve 2005 Current Budget
- View the Summary of Proposed 2005 Council Amendments report (F-23/05)
- View the presentation made to the Budget and Strategic Planning Committee
- Following various amendments, Committee approved a tax rate increase of 4.99%, which equates to a $44.52 increase for an average urban home assessed at $250,000.
Monday, April 11, 2005
- Final Approval of 2005 Current Budget by Council
** All meetings will be held at 7:00 pm in Council Chambers, located on the second floor of City Hall (426 Brant Street). **
Those interested in appearing as delegations may preregister in writing, by fax 905-335-7881, by e-mail cityclerks@burlington.ca or by phoning the Clerk’s Department at 905-355-7600, ext. 7490. Delegations may also appear from the floor on Wednesday, March 2, 2005.
Each delegation will have a maximum of 10 minutes in which to make a presentation. For expediency, groups or associations should appoint a spokesperson to represent the views of the group. Copies of any written presentation material may be submitted in advance of the meeting for circulation to committee.
Other Presentations
On March 8, 2005, Finance staff also made a presentation to the Mayor's Youth Advisory Committee (MYAC) on the Proposed 2005 Current Budget. Information contained in this presentation was oriented to a more youthful audience and attempts to frame the budget in a context that is relatively easy to understand and relate to.
2005 Capital Budget and 2006-2014 Forecast
The 2005 Capital Budget and 2006 – 2014 Forecast identifies the capital resources for the upcoming year and a projection of the City's capital needs for the following nine forecast years. Capital projects usually require a significant investment and the expenditures associated with a capital project usually extend over a period in excess of one year. Some of the types of projects included in the Capital Budget are: road construction, bridges, park development, facilities and buildings, as well as vehicles and equipment.
The City of Burlington’s 2005 Capital Budget of $46,815,618 is allocated into the following nine asset categories:
| Roadways |
$21,301,300 |
| Storm Water Management |
$550,000 |
| Facilities and Buildings |
$9,088,000 |
| Information Technology |
$985,000 |
| Vehicles and Equipment |
$3,404,818 |
| Parks and Open Space |
$9,911,200 |
| Studies |
$240,000 |
| Parking |
$0 |
| Local Boards |
$1,335,300 |
The 2005 Capital Budget and 2006-2014 Forecast was reviewed by the Budget & Strategic Planning Committee on December 15, 2004 and January 19, 2005, and subsequently approved by Council on January 31, 2005, with an amendment to move part of Project RD-RA-479, specifically the Upper Middle Road Grade Separation Detailed Design Costs ($500,000), from 2007 to 2005. It should be noted that the City of Burlington’s 2005-2014 Capital Budget and Forecast received preliminary approval on January 31, 2005, but is subject to final approval by Council on April 11, 2005.
Get the Details
An electronic copy of the 2005 Capital Budget and 2006-2014 Capital Forecast can be viewed by simply clicking on the links below. To view a specific asset category, simply click on the link to that category below.
- View individual asset categories only (recommended):
- View the entire 2005 Capital Budget and 2006-2014 Capital Forecast.
Hard Copies of the 2005 Capital Budget and 2006-2014 Forecast are also available to the public for pick up at the Clerk’s Department on the main floor at City Hall during regular office hours (8:45 a.m. to 4:30 p.m.).