2005 Approved Budget
The Budget & Strategic Planning Committee reviewed the 2005 Proposed Current Budget on Wednesday March 2, 2005 and Thursday March 31, 2005. Council provided final approval of the 2005 Current Budget on Monday April 11, 2005. The total value of amendments to the proposed budget by Council was $0.74 million.
The 2005 Capital Budget and 2006-2014 Forecast was reviewed by the Budget & Strategic Planning Committee on Wednesday December 15, 2004 and Wednesday January 19, 2005, and subsequently approved by Council on Monday 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 Monday January 31, 2005, and received final approval with the approval on the current budget on Monday April 11, 2005.
The final net tax levy is $76.38 million. This equates to an average 4.98% increase over 2004 on the city's portion of the property tax bill or $44.44 for the average home assessed at $250,000. This equates to an average overall property tax rate increase of 2.67% (city, region and education) or $72.91 for the average home assessed at $250,000.
For more information, please see the Burlington City Council Approves 2005 Budget media release.
An electronic copy of the 2005 Approved Current and Capital Budget can be viewed by simply clicking on the links below. To view individual chapters, simply click on the corresponding link below (recommended):
- Table of Contents
- Chapter 1 - Introduction
- Chapter 2 - Current Budget Overview
- Chapter 3 - Corporate Services Division/Other
- Chapter 4 - Community Services Division
- Chapter 5 - Development & Infrastructure Division
- Chapter 6 - Corporate Revenues, Expenditures and Local Boards and Committees
- Chapter 7 - Capital Budget Overview
- Chapter 8 - Capital Budget By Asset Category
- Chapter 9 - 2005 - 2014 Capital Budget and Forecast Summary
- Chapter 10 - 2005 Project Listing
- Chapter 11 - 2006 - 2014 Project Listing
- Appendix A - 2005 Financial Policies
- Appendix B - Glossary of Terms
- View the entire 2005 Approved Budget document (10MG).
The 2005 Approved Budget and corporate video are also available on CD ROM 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.).