Budget and Financial Statements

2024 Plan and Budget 

The Region of Waterloo’s Plan and Budget is how we support what matters most to the community. The 2024 budget maintains the essential services residents rely on, while increasing investments to meet the needs of a rapidly growing community. It includes increased investments in housing, transit services, paramedic services, and more.

At a time of continued high inflation and escalating costs, the Region’s budget balances maintaining essential services with affordability for residents. The total 2024 Operating and Capital budget for Regional services, including costs for Waterloo Region Police Services, is $2.1 billion.

Explore this summary of the 2024 Plan and Budget (click the link to view full screen):

The budget is based on our Strategic Plan: Growing with Care. It will shape the Region of Waterloo as we grow to one million people in the coming decades.

Our four priority areas are:

  • Housing For All: We will invest in affordable homes and economic opportunity for all that are part of inclusive and environmentally sustainable communities.
  • Climate Aligned Growth: As we grow, we will support a healthy environment where communities can thrive. Through intentional collaboration and creativity, we will support sustainable community growth.
  • Equitable Services and Opportunities: Through collaboration and innovative design, we will provide equitable, accessible services across Waterloo Region that support the social determinants of health, safety and complete communities as we grow.
  • Resilient and Future Ready Organization: The Region of Waterloo is a great place to work, where everyone is valued, feels they belong and where they have the supports and tools they need to do a great job. We will be prepared for the future by providing a safe space for bold ideas and experimentation, based on data and other ways of knowing.
Icons for the four priority areas in the Strategic Plan

Click below to find documents from Regional Council's work to create the 2024 Plan and Budget.

Documents from Waterloo Region Strategic Planning and Budget Committee
October 4, 2023 - 2024 Plan and Budget: Setting the Stage

Meeting details:

Agenda 
Webcast

October 18, 2023 - 2024 Operating Budget and 2024-2033 Capital Program: Detailed Budget Review Day #1

Meeting details:

Agenda 
Webcast

October 18, 2023 - Public Input Meeting #1

Meeting details:

Agenda 
Webcast

November 1, 2023 - 2024 Operating Budget and 2024-2033 Capital Program: Detailed Budget Review Day #2

Meeting details:

Agenda 
Webcast

November 1, 2023 - Public Input Meeting #2

Meeting details:

Agenda 
Webcast

November 8, 2023 - 2024 Operating Budget and 2024-2033 Capital Program: Detailed Budget Review Day #3

Meeting details:

Agenda 
Webcast

November 22, 2023 - 2024 Operating Budget and 2024-2033 Capital Program: Detailed Budget Review Day #4

Meeting details:

Agenda 

Webcast

November 29, 2023 - 2024 Operating Budget and 2024-2033 Capital Program: Detailed Budget Review Day #5

Meeting details:

Agenda 
Webcast

November 29, 2023 - Public Input Meeting #3

Meeting details:

Agenda 
Webcast

December 13, 2023 - Final Budget Day

Meeting details:

Agenda 
Webcast

2024 Budget

The Region's annual budget process is scheduled to be approved by Council on December 13, 2023.

2024 Preliminary Budget Book

2023 Budget 

The Region's annual budget process was completed and approved by Council on February 22, 2023.

2023 Final Budget Book

Explore the 2023 Plan and Budget summary

Below is a summary of investments made by Region of Waterloo council through the 2023 Plan and Budget. You can also find an accessible PDF version here.

2022 Budget 

The Region's annual budget process was completed and approved by Council on December 15, 2021.

2022 Final Budget Book

2021 Budget 

The Region's annual budget process was completed and approved by Council on January 20, 2021.

2021 Final Budget Book 

2020 Budget 

The Region's annual budget process was completed and approved by Council on January 22, 2020. 

2020 Final Budget Book

2020 Final Budget Issue Papers

2019 Budget 

The Region's annual budget process was completed and approved by Council on February 19, 2019. 

2019 Final Program Budget Book

2019 Final Budget Issue Papers

2018 Budget 

The Region's annual budget process was completed and approved by council on December 13, 2017. 

Final 2018 Program Budget Book

Final 2018 Budget Issue Papers

Financial Statements

2022

2021

2020

2019

2018

2017

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