2020 Budget

Get Involved and give us your feedback on how you want to see your tax dollars invested or on our overall budget process.  Send us your comments, questions and ideas for the budget by e-mailing finance@newmarket.ca or calling 905-895-5193.  Missed a meeting? All budget meetings are recorded and archived at newmarket.ca/meetings 

Schedule for the 2020 Budget

The following dates are subject to Council approval and may be subject to change. Stream a budget meeting online at newmarket.ca/meetings if you can't attend in-person. 

  • Community Engagement Phase 1 - July to October, 2019 

  • Approval of Fees and Charges - August 26, 2019 

  • Presentation of Preliminary Draft Budgets - October 15, 2019 

  • Community Engagement Phase 2 - October to November, 2019 

  • Consideration of Capital and Rate-supported Budgets - October 28, 2019 

  • Consideration of Tax-supported Operating Budget - November 11, 2019 

  • Presentation of Draft Budgets and remaining Fees and Charges for Approval - November 25, 2019 

  • Approval of Budgets and remaining Fees and Charges - December 2, 2019 

2020 Budget Reports and Presentations 

2020 Budget Process and Target Report 

 Appendix A 

 Appendix B 

 Appendix C  

 Appendix D  

2019 budget 

The theme of the 2019 budget is ensuring we meet the needs of our community now and in the future. How do approach building a budget for our community?

  • We focus on continuing to deliver top-quality programs and services to our residents.

  • We plan ahead to ensure we have the space, facilities and infrastructure we need for our future population.

  • We get valuable input from residents and members of our community on how they want to see their tax dollars invested which can help guide our Council's Strategic Priorities. 

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Building the budget

On an annual basis, the Town prepares a budget to authorize its expenditures for the year, which includes operating expenses and capital expenses. What are operating and capital expenses?

Operating expenses are expenses required for the day-to day needs of the Town. Operating expenses help the Town to maintain its current levels of service in the community and cover things like snow plowing, waste and recycling pick-up and fire and emergency services.

Capital expenses cover one-time projects which serve as an investment in our future, and benefit our overall community. The creation of Newmarket Riverwalk Commons, the restoration of our Old Town Hall and the recent purchase of the Mulock Estate are all examples of capital expenses.

As set out by Council and informed by community input, the Town prioritizes projects and services to meet both legislative requirements and community needs when developing the budget. Although the budgets are broken-down into service areas, the budget is considered and recommended as a whole to enhance the Town's decision-making process. 

What the budget delivers 

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Planning for our future today

Earlier this year, the Town of Newmarket purchased the Mulock Farm Property located at the northwest corner of Mulock Drive and Yonge Street. The vision for the property is to transform the area into an iconic urban oasis and greenspace. The cost of the property is estimated to be $24 million.This community development project will cost approximately $46.44 per year for the average tax payer over 30 years*, accounting for a 2.6 per cent increase on the tax base

*Estimate based on the average assessed home in Newmarket.

For more information on this space, visit our Mulock page here.

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Get Involved and give us your feedback on how you want to see your tax dollars invested. Play our "Put Your Money Where it Matters" budget game and leave your comments, questions and ideas for the budget.