City Budget

At the City of Victoria we are committed to sound financial management, and are required by legislation to present a balanced budget every spring.

Like other municipalities and organizations, the City is facing external economic pressures, including the current global economy, regional competition, increasing expectations and other costs pressures. Our budget looks to balance these competing priorities and challenges with the ability to provide high quality services for all our customers.

Budget Conversations

In January of 2013 the City held a series of information sessions led by Mayor Dean Fortin where taxpayers learned more about the 2013-2015 budgets and the budget reduction measures proposed to limit the tax increase to 3.25% for the next three years. Public feedback on the budget and the proposed cost reduction strategies was collected at information sessions, and through an online or print survey. All feedback will be provided to Council before they give final consideration to the 2013 budget, and consider 2014 and 2015 budgets. The online survey closed February 8.
 
For more information on the Special Budget Meetings in February and March, click here.

Budget Conversations - Background Materials

Policies

The Finance Department coordinates and prepares the City's annual budgets, 5-year financial plan and compiles the 20-year capital expenditure program to ensure the financial stability and viability of the City.

2012 Budget Information

2013 to 2032 Capital Budget

2012 to 2031 Capital Budget

2013 to 2017 Financial Plan

2012 to 2016 Financial Plan

Public Bodies Report

Related Reports