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City Budget

Budget Discussion

All City spending is authorized by a financial plan bylaw, adopted by Council. This is legislated by the Community Charter. The Five-Year Financial Plan (or budget) bylaw provides a budgetary framework and the spending authority for the City to plan and manage its resources, revenues and expenditures in order to best serve the community.

The 2018-2022 Financial Plan was presented at the Special Council meetings held on November 7, 8, and 9 and was adopted by Council on December 18, 2017.  These meetings can be viewed through the City’s website

For more information on the City’s budget process please contact the Finance Department at or call 604-851-4191.

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What is the impact of the 2017 budget on a single family taxpayer?

2018 Taxes/Rates for Typical Single Family Residence

Taxes - City (General) Proposal 1.49% $34
Taxes - Police Proposal 0.90% 20
Taxes - Library Proposal 0.09% 2
Total Tax Increase 2.47% $56
Water user fees2,4 3.75% 9
Sewer user fees3,4 3.75% 8
Solid Waste fees 0.0% 0
Urban Storm Drainage 0.0% 0
Total Increase for Typical Residence
  1. Total taxes and charges from municipal sources on a typical $588,000 single family residence in 2017 = $3,447. Figures shown are averages; individual assessment results will vary.
  2. Subject to Council’s direction on ratio between commercial and residential taxes.

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Budget Presentations

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Budget Documents

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