Budget
The City of Woodstock’s budget is divided into two segments: Capital Budget and Operating (or Revenue Fund) 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 and operations on an ongoing basis and includes all expenses that are not capital expenditures and the procurement of equipment that is not significant enough to be considered a capital asset.
2026 Budget
Council has approved the meeting schedule for the 2026 budget deliberations. Additional details will be posted closer to the meeting dates.
2026 Capital Budget & 2027-2030 Capital Forecast
| Date | Time | Details |
| Thursday, Nov. 20, 2025 | 7 p.m. | Distribution of 2026 Capital Budget and Overview Presentation (during regular Council meeting) |
| Tuesday, Nov. 25, 2025 | 5 p.m. | 2026 Capital Budget Review meeting |
|
Thursday, Nov. 27, 2025 |
5 p.m. | 2026 Capital Budget Review (additional meeting if required) |
| Thursday, Dec. 11, 2025 | 7 p.m. |
2026 Capital Budget adoption |
2026 Operating Budget
| Date | Time | Details |
| Thursday, Feb. 19, 2026 | 7 p.m. | Distribution of 2026 Operating Budget & Overview Presentation (during regular Council meeting) |
| Tuesday, Feb. 24, 2026 | 5 p.m. |
Operating Budget Review Departmental Presentations: |
| Thursday, Feb. 26, 2026 | 5 p.m. |
Operating Budget Review |
| Tuesday, March 3, 2026 (if required) |
5 p.m. | Alternate or supplemental date for Operating Budget Review (if required) |
| Thursday, March 5, 2026 | 1:30 p.m. | Suggested Police Board, Library Board and Art Gallery Advisory Board Budget Overview (during regular Council meeting) |
| Thursday, March 19, 2026 | 7 p.m. | Council Budget Motions and Operating Budget adoption (during Council meeting) |
| TBD | Approval of General Levy By-law |
2025 Budget
The 2025 capital budget was adopted on Dec. 12, 2024 and the revenue fund budget was adopted on March 20, 2025. Detailed information about each of the departmental budgets can be found in the following table.
To help guide their recommendations, staff considers the City's Asset Management Plan (AMP). The AMP is a strategic document that helps staff manage the City's infrastructure and other assets so that we're able to meet our service level expectations and make appropriate and fiscally responsible decisions.
Past Budgets
An overview of the 2024 Capital Budget and 2025-2028 Capital Forecast Plan was presented to Council on Thursday, Nov. 16, 2023. Detailed presentations by staff took place at a special Council meeting on Tuesday, Nov. 21 before the Capital budget was considered adopted at the Dec. 14 meeting.
Please call 519-539-1291 if you require an accessible version.
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.
Financial Statements
The City of Woodstock's consolidated financial statements are a reflection of the City's standing with respect to assets, liabilities, revenues and expenses. As per the Municipal Act, 2001, Section 294.1, Financial Statements must be issued, be audited, and be made publicly available.
2023 City of Woodstock Consolidated Financial Statements
2023 City of Woodstock Trust Funds Financial Statements
2023 Woodstock Public Library Board Financial Statements
2023 Woodstock Public Library Board Trust Fund Financial Statements
2023 Woodstock Board of Management Downtown Area Financial Statements
2022 City of Woodstock Consolidated Financial Statements
2022 Woodstock Public Library Board Financial Statements
2022 Woodstock Public Library Board Trust Fund Financial Statements
2022 Woodstock Board of Management Downtown Area Financial Statements
2022 City of Woodstock Final Trust Funds Financial Statements
Please contact the Administrative Services Department at 519-539-1291 if you would like a copy of earlier financial statements.
Contact Us
City of Woodstock
P.O. Box 1539, 500 Dundas Street
Woodstock, ON N4S 0A7
Phone: 519-539-1291
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