The Draft 2026 Budget was presented to Council on November 3, 2025. It is anticipated that the 2026 Budget will be adopted on December 8, 2025.
The City consults with the community throughout the budget process – at the beginning when drafting the budget, when the draft budget is released, and before approval of the budget.
Each year, Council considers the needs of the community, expected service levels, and legislated responsibilities as it reviews the operating and capital budgets for the City of Peterborough.
Engagement opportunities include casual drop-in style meetings, brief presentations followed by one-on-one conversations with the City's budget team, the annual budget survey, and the formal Council meeting process that includes opportunities for official delegations to Council. Check out the Key Dates listing on this project page to see details.
Visit peterborough.ca/budget to explore budget information, including information on revenue and how the City spends money on infrastructure and services. For the capital budget, the City provides an interactive map to explore the various capital projects happening around the City.
Thank you for joining the conversation on the 2026 Budget.
The Draft 2026 Budget was presented to Council on November 3, 2025. It is anticipated that the 2026 Budget will be adopted on December 8, 2025.
The City consults with the community throughout the budget process – at the beginning when drafting the budget, when the draft budget is released, and before approval of the budget.
Each year, Council considers the needs of the community, expected service levels, and legislated responsibilities as it reviews the operating and capital budgets for the City of Peterborough.
Engagement opportunities include casual drop-in style meetings, brief presentations followed by one-on-one conversations with the City's budget team, the annual budget survey, and the formal Council meeting process that includes opportunities for official delegations to Council. Check out the Key Dates listing on this project page to see details.
Visit peterborough.ca/budget to explore budget information, including information on revenue and how the City spends money on infrastructure and services. For the capital budget, the City provides an interactive map to explore the various capital projects happening around the City.
Thank you for joining the conversation on the 2026 Budget.
Treasurer and Commissioner of Finance and Corporate Support Services
City of Peterborough
Budget process timeline
Consultation ahead of putting together Draft 2026 Budget
2026 Budget has finished this stage
This is the first stage of the budget process - hearing from the community on priorities, sharing information about factors that could affect the budget, and talking about the drafting of next year's budget.
Developing the Draft 2026 Budget
2026 Budget is currently at this stage
After hearing from the community and City Council, the City puts together the Draft 2026 Budget document including financial information from all the City's programs and services.
Draft 2026 Budget posted
this is an upcoming stage for 2026 Budget
The Draft Budget is posted for public review and provided to City Council ahead of the next stage of public consultation and Council's deliberations on the Draft 2026 Budget.
Council's Budget deliberations
this is an upcoming stage for 2026 Budget
City Council holds a series of General Committee meetings to review and discuss the Draft 2026 Budget, considering recommended changes to the budget.