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2021 Budget Q & A

Everything you need to know about the City of Hamilton 2021 Budget.

See our FAQ’s section of this web page for details on the following topics:

1. What is a Municipal Budget?

2. How does the City Pay for services they provide?

3. What are the components that make up the City’s annual budget?

4. Is a Municipality allowed to go into debt?

5. What are reserves and reserve funds?

6. What is the difference between federal gas tax reserves and provincial gas tax reserves?

7. What is the City’s current credit rating?

8. What does the City do with excess funds?

9. How does the budget process work?

10. How does the City maintain accountability and transparency throughout the budget process?

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