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BudgetTO 2025

The City’s budget is about working together to build a safe, caring and affordable city where everyone belongs. Your feedback is an important part of the process.

From November 1 to 30, you are invited to share your ideas about the City’s 2025 Budget and Toronto’s Future at virtual and in-person consultations.

This year, there are four phases to the budget process, including:

  1. Pre-Budget Consultations (November 2024)
  2. Budget Launch (January 2025)
  3. Committee Review & Public Deputations (January 2025)
  4. Approval Phase (February 2025)

The timelines of each phase can be found below.

Residents are encouraged to sign up for public deputations on January 21, 2024, and January 22, 2025, to speak to the Budget Committee. However, we recognize this is not always accessible or plausible for residents, so we have included a space for comments on our platform. You can leave your comments below.

Phases

Phases overview
Phase 1: Pre-Budget Consultations
Pre-Budget Consultations
Phase 2: Budget Launch
Budget Launch
Phase 3: Committee Review
Committee Review
Phase 4: Public Deputations
Public Deputations
Phase 5: Budget Committee Wrap-up
Budget Committee Wrap-up
Phase 6: Mayor's Budget Release
Mayor's Budget Release
Phase 7: City Council Review
City Council Review
Phase 8: Mayor Veto Period
Mayor Veto Period

Mayor's Budget Release

January 31, 2025 5:00 AM - February 2, 2025 5:00 AM

In accordance with section 226.14 of Bill 3, Strong Mayors, Building Homes Act, 2022, the Mayor releases their final proposed budget by February 1, 2025, for City Council's review at a special City Council meeting on Tuesday, February 11, 2025.

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