The City of Waterloo is responsible for managing and investing your tax dollars to meet the needs of this community as well as addressing the priorities in our strategic plan.
Each year, city council approves a budget that is split into two central areas: capital and operating.
- Capital - This budget covers municipal projects related to new assets or rehabilitating existing ones, including roads, sewers, parks, fire stations, arenas, libraries, parking lots, stormwater management ponds, fleet replacements and more.
- Operating - This budget covers the day-to-day operations of the city and funds such municipal services and programs as leaf pickup, snow removal, sewer maintenance, fire protection services, by-law enforcement, economic development, road maintenance and repair, and park, recreation, culture and leisure services and programming.
Watch a three minute video on how the city budget works:
Audited Financial Statements
We post audited financial statements to keep you up to date on our financial position.