2019 Budget

2019 Budget

Budget deliberations begin on Jan. 7, 2019. The full schedule is available on the Town's meeting & event calendar

Lincoln is one of the fastest growing municipalities in Niagara. As such, to support smart growth principles, organization & community sustainability, and prepare for increased service delivery demand/needs, the 2019 proposed Budget aims to invest areas focused on growth & development - infrastructure, service delivery, and programs & services. The Town also continues to invest in basic services.

Affordability for our residents and businesses remains a focus in all decision-making.
 

Staff Presentations & Reports

Jan. 7, 2019 - Introduction to the 2019 Draft Capital Budget 

Jan. 16, 2019 - Capital Budget continued


Budget Overview

Each year the Town prepares and approves an annual budget to address:

  • Council priorities
  • Operations
  • Services
  • Infrastructure
  • Asset management

It requires Council’s leadership to find balance between service levels, increased cost to deliver services, sustainability and affordability.

The budget is a planned itemized summary of money coming into the Town and a plan on how that money is going to be spent over a specific period time.

It is important to note that the provincial legislation requires a balanced budget, money coming in equals money going out, also known as revenues equal expenditures.

The Town provides more than 90 services to the residents of Lincoln, so Council and staff always have to make strategic decisions to ensure the balancing of affordability with service delivery levels takes place.

There are two main components of the budget:

  1. Operating budget
  2. Capital budget

 

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