Budget and Financial Reporting

The Town of Whitby delivers a wide range of programs and services to our growing community. The annual budget distributes our resources appropriately to support a high quality of life for residents and businesses that align with our strategic plan.

Our planning and budget process reflects our commitment to financial stability and transparency.

How does the budget process work?

Each year, the Town undergoes a robust process to create an annual budget that delivers the services and programs residents and businesses rely on each day.

Watch our videos to find out how your tax dollars contribute to the community.

What is the Operating budget?

The operating budget accounts for the cost of operating day-to-day services in the Town including:

Fire and Emergency services
Town Facilities (e.g. Iroquois Park Sports Centre, Whitby Public Library, Port Whitby Marina, Brooklin Community Centre and Library and Town Hall).
Recreation programs
Road maintenance
Waste Collection
Debt payments and transfers to reserves

What is the Capital budget?

The capital budget consists of larger investments that help us prepare for our community's future growth. Examples of capital expenses may include:

Infrastructure development, building and construction projects (e.g. building new roads, sidewalks multi-use paths, bike lanes and bridges)
Park and greenspace improvements
Fleet expansion and maintenance (e.g. purchasing new fire trucks and snow plows)

2022 Budget

The 2022 Budget was approved by Council as presented with amendments relating to the Decision Items section, specifically the following decision items were approved to be included:

• Decision Item #24 Corporate Idea Specialist in the amount of $107,625 for 2022 and annualization of $77,625 in 2023
• Decision Item #27 Waterfront Garbage Crew in the amount of $101,300 for 2022 and annualization of $1,270 in 2023
• Decision Item #28 Summer Student – Waterfront By-law Enforcement in the amount of $17,113 for 2022
• Decision Item #38 Thickson Road Placemaking capital project in the amount of $150,000 for 2022

The budget book is being updated for these amendments and will be posted when available.

The minutes to the Council meeting are available here.

The press release following approval of the budget is available here.

2021 Budget

Learn more details about the 2021 budget and find out about our budget priorities.

2021 Budget Highlights 2021 Budget Book Explore our budget priorities Budget Presentation

Council has approved the 2021 budget process and calendar, which includes the following milestones.

Phase 1 – Prepare

2021 Budget Process and Calendar (CS 31-20) – July 20, 2020

Phase 2 – Engage

Second Quarter Update – September 21, 2020 – Committee of the Whole
Grant Applications due to Treasurer – September 21, 2020

Phase 3 – Develop and Engage

Third Quarter Update – November 23, 2020 – Committee of the Whole
2021 Budget Target and Long Range Financial Plan Update – December 2020 (Special Council meeting – date to be confirmed)

Phase 4 – Consolidate

Finance to consolidate budget information and develop communication material

Phase 5 – Inform, Engage, Debate and Approve

Council Budget Education Session – January/February 2021
- January 18 presentation
Budget Overview and Public Input Meeting – February 8, 2021
- February 8 Presentation
Council Deliberations and Approval Meeting – February 25, 2021

2020 Budget

Learn more about the 2020 budget.

Consolidated financial statements

2020 Financial Statements

2019 Financial Statements

The consolidated financial statements reflect the assets, liabilities, revenues and expenses of the Corporation of the Town of Whitby. Please contact us to request one of our financial statements.