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2025 Budgets

Based on the Mayoral Directive to Staff (MD-2024-13) on September 10, 2024, Finance staff will be presenting the 2025 Mayor’s Proposed Capital Budget and the 2025 Mayor's Proposed Parking Budget at the Special Council meeting on November 26, 2024, at 2:00 pm. 

2025 Mayor’s Proposed Capital Budget Book

The 2025 Mayor’s Proposed Capital Budget Book is now publicly available. View the 2025 Capital Budget Book here.

The Budget Book includes business cases for 125 capital project submissions with a total gross value of $70,599,500. Staff has reviewed and prioritized the projects based on current staffing capacity and financial capacity, resulting in 97 projects with a total gross value of $50,269,000 being proposed to be funded in 2025.

Similar to previous years, the capital budget for 2025 focuses on “Asset Management,” ensuring the City is investing in the good repair of its aging assets. 84%, or $42.2M, of the $50.2M capital budget relates to maintaining existing assets. 10%, or $5.0M, relates to growth-related projects, 4%, or $2.1M, relates to service level enhancements, and 2%, or $0.9M, relates to Strategic Investments.

View the Key Date Summary below. All other capital budget-related questions may be directed to James Dowling, Deputy Treasurer, at [email protected]. 

    • Key Date Summary

      In 2023, there were several legislative changes under the Strong Mayor’s Act and the key dates pertaining to the Mayor’s Proposed 2025 Capital Budget have been summarized below:

      • 30-Day Review Period (for Council Amendments)
        • November 6, 2024 to December 5, 2024 (unless shortened by way of Council Resolution)
      • 10-Day Veto Period (Mayor's opportunity to veto amendments)
        • December 6, 2024, to December 15, 2024 (unless shortened by written notice from the Mayor)
        • This will only apply if there are Council Amendments brought forward during the 30 Day review period
      • 15-day Override Period (Council override of Mayor's Veto 2/3 majority)
        • December 16, 2024 to December 31, 2024 (unless shortened by way of Council Resolution)
        • This is only applicable if the Mayor exercises his Veto during the 10 Day Veto Period

      Should you wish to provide a delegation to Council or provide written correspondence related to the 2025 Mayor’s Proposed Capital Budget, please follow the guidelines below:

      • Requests for Delegations to Council shall be submitted in writing to the Clerk twenty-four (24) hours prior to the commencement of the Meeting via the following link: https://surveys.niagarafalls.ca/s3/Delegations-or-Appointment-to-Council
      • Written correspondence shall be submitted to the City Clerk via email to [email protected] or by mail to 4310 Queen Street, Niagara Falls, ON  L2E 6X5, Attn: City Clerk, no later than 12 noon the day preceding the Council meeting.

2025 Mayor’s Proposed Parking Budget Book 

The 2025 Mayor’s Proposed Parking Budget Book is now publicly available. View the 2025 Parking Budget Book here.

The parking budget is self-sustaining and funded by parking user fees, permits, and fine revenue totaling $1,652,793 (2024 - $1,560,100), an increase of $92,693 or 5.9% from 2024.

View the Key Date Summary below. Any questions can be directed to Tiffany Clark, Director of Finance/Treasurer, at [email protected]

  • Key Date Summary

    In 2023, there were several legislative changes under the Strong Mayor’s Act and the key dates pertaining to the Mayor’s Proposed 2025 Parking Budget have been summarized below:

    • 30-Day Review Period (for Council Amendments)
      • November 8, 2024 to December 8, 2024 (unless shortened by way of Council Resolution)
    • 10-Day Veto Period (Mayor's opportunity to veto amendments)
      • December 9, 2024, to December 18, 2024 (unless shortened by written notice from the Mayor)
      • This will only apply if there are Council Amendments brought forward during the 30-day review period
    • 15-day Override Period (Council override of Mayor's Veto 2/3 majority)
      • December 19, 2024 to January 2, 2025 (unless shortened by way of Council Resolution)
      • This is only applicable if the Mayor exercises his Veto during the 10 Day Veto Period

Budget Files

The following budget files are available in PDF format:

2024 Budgets

2023 Budgets

2022 Budgets