2025 Approved Budget
On Monday, February 10, 2025, City Council approved Stratford’s 2025 budget, which reflects a total tax levy of just over $86 million. That is an increase of nearly $6 million compared to 2024.
For an average home assessed at $350,000, the 2025 budget represents an estimated increase to residential property taxes of 5.46%.
Please visit the Council Calendar to view 2025 budget meeting agendas and recordings.
Municipal Accommodation Tax
On July 11, 2022 City of Stratford Council passed by-law 93-2022 approving the implementation of a four percent (4%) mandatory Municipal Accommodation Tax (also known as MAT) applicable on all short-term accommodations under 30 days. For more information, please visit the City's MAT webpage.
Council-Approved Projects Funded to date from MAT:
2024:
$75,000 for Lights on Stratford
2025:
- $150,000 for Lights On Stratford
- $150,000 for Community Improvement Plan (Attainable Housing Funding)
2025 Draft Budget
The 2025 draft budget package is available, as well as an addendum of additional budget material and the Engage Stratford 2025 budget page.
The following are some key dates of the 2025 budget process:
- October 28/2024 - 2025 Draft Budget package and survey released
- November 18/2024 - 2025 Budget Open House 4pm to 7pm in City Hall Auditorium
- November 19/2024 - 2025 Budget Survey closed
- November 23/2024 - Pop-Up event at Farmer's Market
- November 25/2024 - Pop-Up event at The Local Community Food Centre
- November 28/2024 - first meeting for budget deliberations by the Finance and Labour Relations Committee
- December 03/2024 - second meeting for budget deliberations
- December 09/2024 - third meeting for budget deliberations
- January 9/2025 - fourth meeting for budget deliberations
- January 16/2025 - fifth meeting for budget deliberations
Information for 2025 budget meetings, such as agendas and recorded meetings, can be viewed as available in the Council Calendar.
2025 Community Grants
The 2025 Community Grants Program is now closed. The evaluation process will start shortly and applicants will be advised of final grant decisions once approved by Council.
For any questions regarding the 2025 grants process, please feel free to contact us by email at Stratford Budget, or by telephone at 519-271-0250 ext. 5202.