Category Archives: Finance and budget

Guelph City Council received an update about the City’s response to COVID-19 and plans for economic, social, and organizational recovery. Continue reading Guelph shifting from COVID-19 response to preparing for recovery

Some pretty great things are already happening, thanks to some pretty amazing community leaders. Here are just a few highlights and we will keep sharing our progress in the coming weeks. Continue reading What will Guelph’s new normal look like?

During an emergency meeting earlier today, Guelph City Council approved several recommendations to support the City’s response to the Novel Coronavirus (COVID-19) Continue reading Guelph City Council approves more fiscal relief measures in response to COVID-19

At its emergency meeting tonight, Guelph City Council unanimously approved fiscal relief measures to help residents and businesses manage the impacts of COVID-19. Continue reading City Council approves fiscal relief measures for Guelph residents and businesses in wake of COVID-19

The City of Guelph has granted 49 not-for-profit community organizations with $307,200 in funding for activities that enhance quality of life, inclusivity. Continue reading City announces 2020 Community Grant recipients

The City of Guelph’s proposed Long-term Financial Framework is the foundation on which Council and staff will build and deliver services and programs that reflect the community’s priorities. Continue reading City of Guelph sets financial direction to be future ready

These changes impact when the City can charge for development charges, when they are due, and who is eligible for payment deferral. Continue reading Changes to development charges in Guelph

City of Guelph reviews time, attendance and scheduling activities to find efficiencies. Staff will begin implementing recommendations in January 2020. Continue reading City of Guelph Time, Attendance and Scheduling (TAS) Review identifies efficiencies

Guelph City Council approved the tax-supported operating budget and the local boards and shared services budget today, bringing the tax levy increase in at 3.91 per cent Continue reading Guelph City Council approves 2020 budget

City Council approved the 2020 capital budget and the non-tax supported operating budget, and received the 2021–2029 capital forecast. Continue reading Council approves 2020 capital budget and non-tax supported operating budget

The City has released the proposed 2020 tax supported operating budget and the local boards and shared services budget to City Council and the community on guelph.ca. Continue reading Budget talks continue with the 2020 tax supported operating and local boards and shared services budgets

The City of Guelph’s credit rating remains strong at AA+ for the seventh year in a row, as announced today by S&P Global Ratings (S&P). Continue reading City maintains AA+ credit rating for seventh year

… Continue reading Background and updates on recent Development Charge changes and the new Community Benefits Charge Framework (Bill 108)

City is asking the public’s opinion on the vacant and excess land tax discount program Continue reading City considering changes to vacant and excess land tax discount program

Guelph City Council approve Development Charges Bylaw. New rates come into effect March 2, 2019. Continue reading Council approves Development Charges Bylaw

The City of Guelph has released the 2019 non-tax supported operating budget and the 2019 capital budget and forecast Continue reading 2019 budget discussions start now

Proposed development charges remain competitive with rates in nearby cities, such as Kitchener and Cambridge.
Continue reading Guelph releases proposed Development Charges and background study

… Continue reading AA+ credit rating reaffirms Guelph’s solid financial foundation

This isn’t a typical financial or performance report because it’s not just about us. It’s about residents, business, community groups, visitors, volunteers, and our own employees. It’s about people working together to make Guelph a great city, Continue reading City of Guelph releases 2017 Report to the Community

Council approved a $­232,965,140 tax-supported operating budget representing a 2.45 per cent increase over last year’s budget, and a one per cent infrastructure levy to be funded half through a tax levy and half through a transfer from reserves. Continue reading City Council approves tax-supported operating budget and infrastructure levy

Guelph City Council approved the 2018 non-tax supported operating budget and the 2018 capital budget. Continue reading Council approves 2018 non-tax supported operating budget and 2018 capital budget

… Continue reading City presents operating budget to Council

… Continue reading 2018 budget discussions start now

… Continue reading City considering changes to vacant unit tax rebate program

… Continue reading City maintains AA+ credit rating for a fifth year

Guelph City Council voted to continue researching possible mergers between Guelph Hydro Electric Systems Inc. and other publicly-owned electricity utility companies. Continue reading Guelph continues exploring possible hydro mergers

MP Lloyd Longfield, on behalf of the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, announced today that the City of Guelph’s new public transit project has been approved. Continue reading $19.4 million to be invested in Guelph Transit infrastructure

Given that Guelph’s assessment growth has increased to $3.7 million, the City is recommending that Council approve a 2017 operating budget of $221,944,377 Continue reading Revised recommended budget reflects increased assessment growth

The recommended budget will be presented by City administration on November 9. Continue reading City presents operating budget for Council, community discussion

October 25, 2016 – Today, the City released the 2017-2026 recommended Tax-supported capital budget and forecast to City Council and the community. Continue reading Council and community to discuss 2017 investment in City assets

… Continue reading City’s credit rating remains stable at AA+ for a fourth year

… Continue reading 2017 budget process underway

Guelph City Council agreed to the list of projects recommended for federal infrastructure funding. Continue reading City prioritizes 12 projects for federal infrastructure funding

Liz Sandals, MPP for Guelph, announced the City of Guelph will receive $2.6 million dollars from the Province’s Connecting Links Program for construction on York Road. Continue reading City receives $2.6 million funding boost from province for York Road construction

… Continue reading City’s treasurer accepts expanded role at Region of Peel

Guelph City Council and administration are working together to prepare for infrastructure funding opportunities expected to be announced by the federal government. Continue reading City of Guelph prepares for potential federal infrastructure funding

… Continue reading 2016 budget highlights

… Continue reading City in positive financial position

… Continue reading Guelph City Hall and courthouse financial overview

To ensure Guelph’s updated DC rates reflect the population forecasted in Ontario’s Places to Grow Act—43,000 new residents and 32,000 new jobs by the year 2031—the City conducted a background study including a peer review by two individuals selected by the development community with expertise in growth and demographic forecasting, and engineering. Continue reading Development Charges Background Study