Why is the City preparing a multi-year budget?
This municipal budget will be the first multi-year budget prepared by the City of Greater Sudbury. The operating budget will be for two years, from 2024-2025, while the capital budget will be for four years (2024-2027).
In March 2023, Council directed staff to determine how the City could approach preparing a budget for multiple years. Staff shared their proposed approach in a May 16, 2023 report entitled Multi-Year Budgeting.