There are two main components of the expenses outlined in the Budget: operating and capital.
The Operating Budget pays for all the day-to-day activities and needs of the corporation, including:
- Salaries and wages
- Waste and recycling collection
- Winter maintenance
- Utilities
- Insurance
- Reserve fund contributions
The Capital Budget pays for one-time projects that help us invest in building Markham's future:
- New projects and the rehabilitation of city assets (funded by reserve funds)
- Construction of new growth related assets and infrastructure (funded by development charges)
- Water and wastewater infrastructure (funded by Water Budget)