Understanding Niagara's Budget
As a taxpayer, it's important to understand the budget process. You should know where your money is going and how it is spent.
How the Budget Works
Niagara Region's budget has two components that are often referred to as the current operating budget and the capital budget.
The current budget is similar to your day-to-day costs like gas, groceries or phone bill. The capital budget is like your longer-term investments, similar to your car or house.
Current Operating Budget
The current operating budget pays for the daily business of the Niagara Region and its boards and agencies. This budget pays for wages, supplies, programs, services and repayment of debt for major projects.
Tax dollars and income from fees and service charges, with support from provincial and/or federal sources fund the current operating budget.
Capital Budget
The capital budget is the annual plan for the purchase of capital assets. Capital assets include things like roads, water treatment plants, sewers, buildings, machinery and equipment.
Getting Involved
Public meetings related to the budget are available online now.
Dates are set by Regional Council. Contact the Regional Clerk for more information.