Budgets and Financials
Budget Overview
Each year, a variety of budgetary decisions need to be made to balance the needs within the City of Woodstock. These choices are made with an eye towards the long term sustainability of the municipality's services and infrastructure, while also evaluating the short term needs of our residents and industry.
The City of Woodstock's budget is divided into two segments, a Capital and an Operating Budget. The Capital budget funds the purchase and rehabilitation or upgrades to large city-owned assets including buildings, land and roads, as well as the purchase of equipment such as vehicles and machinery. The Operating Budget provides the funds needed to operate our city facilities an operations on an ongoing basis. Operating expenses include all expenses that are not capital expenditures including wages, supplies, licences and the procurement of equipment that is not significant enough to be considered a capital asset.
Preliminary Capital Budget 2022-2026
Capital Budget Notes 2022-2026
2022 Operating Budget
The 2022 Operating Budget was presented to Woodstock City Council at two special council meetings on February 22 and 24 and was approved on March 17, 2022.
| 2022 Budget Documents |
|
2022 Budget Presentation - This document provides a high-level summary of the budget as presented to council 2022 Budget Notes - This document provides a summary of the City's budget as approved by council with additional notes to provide context. |
2021 Operating Budget
| 2021 Budget Approval |
| 2021 Budget Approval Media Release |
| 2021 Revenue Budget Pre Portrait February 2021 |
| 2021 Revenue Budget Pre Portrait February 2021 |
| 2021 Preliminary Operating Budget |
| 2021 Preliminary Operating Budget |
| CAO Revenue Fund Budget Presentation Feb. 17, 2021 |
| CAO Revenue Fund Budget Presentation Feb. 17, 2021 |
| 2021 – 2025 Preliminary Capital Budget |
| 2021 – 2025 Preliminary Capital Budget |
2020 Operating Budget
The 2020 Revenue Fund Budget was approved by City Council on May 21, 2020.
| 2020 Revenue Fund Budget Approved by Council |
| 2020 Revenue Fund Budget |
| 2020 Budget Approval |
| 2020 Budget Approval |
| 2020 Preliminary Operating Budget |
| 2020 Preliminary Revenue Budget |
| 2020 Capital Budget and Forecast |
Financial Statements and Previous Budgets
City of Woodstock Financial Statements can be found on our Financial Statements page. If you are interested in viewing previous Capital Forecasts and Operating Budgets, please contact the Treasurer's office.
