2024 Budget

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The City of Stratford has begun its 2024 budget process, and we want to hear from you.

What municipal services are most important to you? How should the cost of those services be paid? How satisfied are you with the way in which your tax dollars are spent?

Please take a few minutes to fill out our preliminary budget survey, which will be available until the end of the day on Sunday, December 10, 2023. Paper copies will also be available at the main floor desk at City Hall, and the Clerk’s Office on the ground floor, for those who need them.

Feedback from the budget survey will be provided to City Council, and will assist Councillors in making important budget decisions for our community.

Background information, including budget FAQs and videos, and a list of upcoming budget meeting dates, is available on the right side of this page. Draft budget documents will be added as they become available.

If you have a question about the draft budget, or would like to offer a comment, you can do that below.

The City of Stratford has begun its 2024 budget process, and we want to hear from you.

What municipal services are most important to you? How should the cost of those services be paid? How satisfied are you with the way in which your tax dollars are spent?

Please take a few minutes to fill out our preliminary budget survey, which will be available until the end of the day on Sunday, December 10, 2023. Paper copies will also be available at the main floor desk at City Hall, and the Clerk’s Office on the ground floor, for those who need them.

Feedback from the budget survey will be provided to City Council, and will assist Councillors in making important budget decisions for our community.

Background information, including budget FAQs and videos, and a list of upcoming budget meeting dates, is available on the right side of this page. Draft budget documents will be added as they become available.

If you have a question about the draft budget, or would like to offer a comment, you can do that below.

Ask Us About the 2024 Budget

Do you have a question about the City of Stratford's 2024 budget?
Ask us, and we'll do our best to answer it.

You can also call us at 519-271-0250 ext. 5202 or email stfdbudget@stratford.ca

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    What has council and staff done to ensure the tax increase is limited to (or near) the cost of living increase, in this time of skyrocketing prices for citizens? Have departments been asked to prioritize all their itemized financial needs? There appears to be a heavy housing burden, that should be stretched out over years. Also providing housing is not a city responsibility, especially since certain upper levels of govt. thought it would be nice to open our borders indiscriminately. Last, are there non-obligatory reserve funds sitting in accounts that could be accessed at this time, since most cities racked up some when we were locked down but still paying for services we did not receive.

    ms.information asked about 2 months ago

    Thank for your comments and questions.

    City staff are directed by the Treasurer and CAO to ensure that costs to deliver services are carefully reviewed and presented in the draft budget as ‘zero-based.’ This means with no change to the service levels. Staff are not directed to cut services or determine what is more important. They advise Council what their current service levels cost and in some cases can provide alternatives to the service delivery to find more cost effective ways to deliver the service without affecting it.

    Obligatory reserves are ones that must be used for specific things, and often this involves funding from the Provincial or Federal government. The City’s obligatory reserves include Ontario Community Infrastructure funding (OCIF), and Canada Community Building Fund (CCBF, formerly known as ‘gas tax’). These are actively used towards their intended uses - capital projects that meet the obligatory requirements.

    Discretionary reserves are used similarly, but Council does have some control over how these are directed. The City's Reserve Policy, which Council has approved and reviews periodically, outlines the intended uses, and most of those reserves are also earmarked for capital purposes, like large facility investments, road or storm sewer projects, etc. These all form part of the funding of the capital program – which is essentially asset management for those large ticket items required to provide the current level of services.

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    While I understand calls for lower taxes are abound, I would rather us keep our services where they are and bite the bullet. We need to make sure we are investing in our city in a sustainable way that wont leave future generations with another impossible debt burden.

    Mackenzie Marsh asked about 2 months ago

    Thank you for your input.

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    How on earth are we supposed to afford a 12.5% increase in our property taxes?! That’s absolutely absurd and you need to take that back to the table and figure out something else!

    CoraL asked about 2 months ago

    Thanks for your comments.

    The 2024 draft budget currently reflects a property tax increase of 8.5%, with at least one more budget session planned.

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    12% is outrageous. Are all the consultants required? $30,000 for town crier? This is just a few.

    Tom Miller asked 2 months ago

    Thank you for your comments.
    The 2024 draft budget began with an estimated 10.5% property tax increase, and it is currently at 8.5%. There is at least one more budget session planned, so the Finance and Labour Relations Committee has an opportunity to revise the budget further.

Page last updated: 11 Dec 2023, 08:45 AM