Each year, city council approves an annual budget, made up of three parts:
- Operating Budget - Annual operations of city facilities and services, primarily funded through property taxes and user fees, excluding water and sewer.
- Water and Sewer Budget - Annual operations of water and sewer distribution, funded through user rates.
- Capital Budget - Capital program for all city projects, funded through taxes, water and sewer fees, development charges, debt, grants, or other reserve funds.
2016 Multi-year budget
Council approved the 2016 multi-year budget on January 5, 2016. This includes:
- Operating, water and sewer, and capital budgets for 2016
- Operating forecasts for 2017 and 2018
- Water and sewer forecasts for 2017 and 2018
- Capital forecasts for 2017 to 2025
The 2016 budget summary report provides an overview of the 2016 multi-year budget. The purpose of this document is to provide a summary of the 2016 budget and to highlight potential impacts for the 2017 and 2018 forecasts. Note that this budget summary report was published as part of the draft budget release, and as such it excludes final budget changes made by council.
The 2016 multi-year budget incorporates all three parts of the budget (operating, water and sewer, and capital budgets) into one document.
2016 Operating budget highlights
The tax rate increase for 2016 is 3.01%. This amounts to an increase of $38.79 for an average Cambridge household with an assessed value of $302,000. The forecasted tax rate increases are 6.33% in 2017 and 4.05% in 2018.
Detailed information on the operating budget and forecasts can be found in the following budget appendices:
Appendix A: 2016 Operating Budget Details
Appendix B: 2017 Operating Forecast Details
Appendix C: 2018 Operating Forecast Details
2016 Water and Sewer budget highlights
The water and sewer combined increase is 6.08% for the average household consuming 204 cubic meters of water annually. This amounts to an impact of $58.24 for the average household. The forecasted water and sewer increases are 5.07% in 2017 and 5.53% in 2018.
Detailed information on the water and sewer budget and forecast can be found in the following budget appendix:
Appendix D: 2016 - 2018 Water & Sewer Operating Budget & Forecast Details
2016 Rate review and user fees
The City's rate review outlines the user fees for various city services and is reviewed and approved as part of the annual budget process. A detailed listing of all fees for 2016 along with their 2017 and 2018 forecasts can be found in following budget appendix:
Appendix E: 2016 - 2018 Multi Year Rate Review
2016 Capital budget highlights
The 2016 capital budget includes $43,496,200 of spending. Of this, $9,033,700 is funded by property taxes, with the remainder funded by a combination of development charges, water and sewer fees, grants, debt, and other reserve funds. The total 10 year budget from 2016 to 2025 is forecasted to spend $434,834,600.
Detailed information on the capital budget and forecast can be found in the following budget appendix:
Appendix F: 2016 - 2025 Capital Project Details by Function
If you require an accessible version of the budget documents, please contact Accessibility Planning and Inclusion Services at email@example.com.
|2016 Budget Documents|
|2016 Multi-Year Budget||Complete overview of the 2016 budget with forecasts for 2017 and 2018.||2016-04-19||PDF 2387Kb|
|2016 Multi-Year Budget Appendix A: 2016 Operating Budget Details||Detailed overview of the 2016 operating budget.||2016-04-19||PDF 2403Kb|
|2016 Multi-Year Budget Appendix B: 2017 Operating Forecast Details||Detailed overview of the 2017 budget forecast.||2016-04-19||PDF 3357Kb|
|2016 Multi-Year Budget Appendix C: 2018 Operating Forecast Details||Detailed overview of the 2018 budget forecast.||2016-04-19||PDF 3341Kb|
|2016 Multi-Year Budget Appendix D: 2016-2018 Water and Sewer Operating Budget & Forecast Details||Detailed overview of the 2016 water and wastewater budget with forecasts for 2017 and 2018.||2016-04-19||PDF 1003Kb|
|2016 Multi-Year Budget Appendix E: 2016-2018 Multi-Year Rate Review||The rate review details are part of the operating budget and are broken down into a separate file for your convenience.||2016-04-19||PDF 948Kb|
|2016 Multi-Year Budget Appendix F: 2016-2025 Capital Project Details by Function||Detailed overview of the capital projects over the next 10 years.||2016-04-19||PDF 8588Kb|
|Jan 5 Council Agenda and Report||Agenda for the Jan. 5 Council meeting including the staff report.||2016-01-06||PDF 1373Kb|
|2016 Budget Summary Report||Summary of the 2016 budget published as part of the draft budget release.||2015-11-26||PDF 1707Kb|
|Past Years' Budget Documents|
|2015 Operating Budget||The PDF contains the 2015 Operating Budget for the City of Cambridge.||2015-08-31||PDF 5664Kb|
|2015 Operating Budget Presentation||Presentation of the 2015 Operating Budget.||2015-08-28||PDF 737Kb|
|2015 Budget Summary Report||Summary of the 2015 budget.||2015-08-28||PDF 1129Kb|
|2015 Rate Review||The Rate Review details are part of the Operating Budget process and are broken down into a separate file for your convenience.||2015-08-28||PDF 1211Kb|
|2015 Capital Budget Presentation||Presentation of the 2015 Capital Budget.||2015-08-28||PDF 266Kb|
|2014 - 2023 Capital Budget Overview||Budget Task Force Meeting - January 23, 2014||2015-08-28||PDF 172Kb|
|2015-2024 Capital Forecast and 2015 Equipment Budget||2015-2024 Capital Forecast and 2015 Equipment Budget||2015-03-05||PDF 8145Kb|
|2014 Budget Summary Report||2014 Budget Summary Report||2014-09-05||PDF 1938Kb|
|2014 Operating Budget||The PDF contains the approved Operating Budget for the City of Cambridge.||2014-09-04||PDF 3005Kb|
|2014 Operating Budget Overview||Budget Task Force Meeting - January 23, 2014||2014-07-03||PDF 876Kb|
|2014 Capital Budget||The 2014 Capital Budget includes the Equipment Budget information.||2014-03-18||PDF 3300Kb|
|2014 Rate Review||The Rate Review details are part of the Operating Budget process and are broken down into a separate file for your convenience.||2012-01-01||PDF 928Kb|