The 2024 budget process is underway. Deliberations will begin on Jan. 8 when the preliminary water and wastewater budget is presented to Council followed by the operating and capital budgets in February. Public input is invited, and upcoming meetings will provide opportunities for council members to make adjustments. Stay tuned for updates as we work towards a budget that aligns with our community's needs and priorities.
“The budget is the financial blueprint that guides our decisions. It serves as the foundation for maintaining our critical infrastructure and delivering the essential services which our community depends on.”
Operating vs. Capital vs. Water and Wasterwater Budget – what’s the difference?
The City of North Bay has three annual expenditure budgets: the Operating budget, the Capital
budget, and the Water/Wastewater budget.
The City’s operating budget covers day-to-day spending on services such as recreation, parks maintenance, landfill, city roads, garbage collection, transit, marina and fire services. Approximately 69% of the City’s operating budget is funded through property taxes. The remainder comes from user fees, grants, internal transfers and other revenues.
The City’s capital budget funds assets that support service delivery. It includes the cost of purchase, construction, repair and renewal of City assets such as roads, bridges, equipment, community centres, water and wastewater treatment plants, and other major infrastructure projects.
The capital budget is separated into two parts: General Capital Budget and Water and Wastewater Budget.
Revenue sources include grants, debentures, capital levy in operating budget (i.e. property taxes or user fees) and reserve funds.
The water and wastewater budget ensures the City is able to provide sustainable water services, maintain current infrastructure, such as water pipes, and support the operation of the water and wastewater treatment plants and related infrastructure. The majority of the water and wastewater budget is funded through water and wastewater user fees.
North Bay City Council Approves 2024 Water and Wastewater Budget
North Bay, ON – Jan. 31, 2024 – North Bay City Council has approved the 2024 water and wastewater operating budget in the net amount of $26.2 million, with a shift in the rate structure that bases a larger portion of billing on volume of water used. Read More>
“Budgets go beyond numbers. They directly shape your daily experiences—whether it's having your road plowed or enjoying a city park. It's your tax dollars making these services possible.”
We value feedback from residents and businesses in shaping the City budget. Share your comments via email at firstname.lastname@example.org or register to speak at an upcoming Council Meeting.
Learn how we’re budgeting and planning for the future, making investments and prioritizing essential services like transit, road maintenance, snow clearing, recreation, and emergency services.
Each year, the City formulates a business plan and budget, aiding Council in determining the allocation of your taxes towards North Bay services and infrastructure.
Learn more about how the City generates funds through taxes and various revenue sources to maintain North Bay's infrastructure and sustain essential services.
Learn more about how the City maintains critical infrastructure, including roads, bridges, and buildings, while delivering essential services such as parks, transit, and fire services.