Each year, the City of Victoria establishes funding priorities through its annual budget. The City's Financial Plan (budget) is essential for providing high-quality services our residents have come to expect.
City Council sets service levels and allocates funding for all City services, programs, projects and initiatives informed by community input on priorities for investment.
2024-2028 Draft Financial Plan
On Monday, November 27, 2023 the 2024-2028 Draft Financial Plan was presented to City Council at a Special Committee of the Whole Meeting for consideration, including a public engagement summary report (item D.1 on the Agenda.)
Budget deliberations continued at a Special Committee of the Whole Meeting on Monday, January 15, 2024 at 9 a.m. and was live-streamed and archived.
The Victoria and Esquimalt Police Board presented its 2024 Provisional Budget to City Council at a Committee of the Whole Meeting on Thursday, January 25 at 1 p.m.
Budget deliberations were completed at the Special Committee of the Whole Meeting on Monday, January 29.
Council adopted these Motions [PDF/211KB] at the Daytime Council Meeting on February 8 and directed staff to bring forward the 2024-2028 Financial Plan Bylaw, incorporating any changes directed by Council to an April meeting for final adoption before May 15.
A tax increase of 7.93 per cent for 2024 was adopted at the Special Committee of the Whole Meeting on January 29, 2024.
Have Your Say
The public is invited to provide feedback on the 2024 Draft Budget at a public input opportunity on Thursday, April 25 at 6:30 p.m. at City Hall. Learn how to participate.
Learn about the City's core services and programs in the video below.
Previous Budget Documents
Four years’ worth of previous budget documents are available below.