Key Components of Richmond Hill’s Budget:

• Capital Budget: Addresses the financial requirements for the growth and maintenance of existing infrastructure, including community centres, fire stations, pools, parks, trails, arenas, roads, and sidewalks. Funding for the Capital Budget is sourced from Richmond Hill’s reserve funds, development charges, and grants.
• Operating Budget: Funds the day-to-day services that residents depend on, such as road repair, fire services, parks maintenance, and snow clearing. This budget covers the cost of salaries for staff, materials, and supplies. It is primarily funded by tax dollars and user fees.
• Water, Wastewater, and Stormwater Budget: Supports the City’s efforts to provide safe drinking water, wastewater services, and manage stormwater infrastructure. Water and wastewater services are funded through water billing, while stormwater management is funded through stormwater billing and reserve funds.

Budget Committee Meetings: The Budget Committee of the Whole, consisting of all nine Members of Council, will convene three times to discuss the draft 2024 Budget. These meetings are open to the public and can be viewed either online or in-person.

Your engagement is vital, and I encourage you to participate in this process by attending the meetings or tuning in online. Your input is invaluable as we work together to shape the budget that best serves the needs of our community.

Visit RichmondHill.ca/Budget for more information about the draft 2024 Budget, budget meetings and more.

Thank you for your continued support.