Despite Council's August directive to plan a budget at a 5% tax rate, the Draft Budget presented by Richard Freymond at Monday night's meeting sported a 7.8% tax rate inflated by unexpected operating costs and increased Police budget asks.

Councillors returned from a month-long break on the evening of August 6th to convene for General Committee. On the agenda was the 2025 Draft Budget Impact Survey—a guideline brought forward by staff detailing different estimates of the upcoming budget impacts. This survey comes after the June 11th and 27th meetings, where staff presented budget information from each department, which council voted to revisit in August.

Another difficult budget is on the horizon for the City of Peterborough, as City Staff informed Councillors during an all day meeting on Tuesday June 11th.