City Budget

The City's annual budget looks to adapt to change and balance competing priorities, while continuing to provide high-quality services our residents have come to expect.

Every year, Council sets service levels and allocates funding for all City services, programs, projects and initiatives in the draft financial plan.

This process determines the total property tax required to support service delivery to Victoria residents.

During budget discussions, staff will request direction from Council on the overall budget, which will be used to develop the Financial Plan Bylaw.

The City will then proceed with engaging the community on the 2023 Draft Budget and report back the results to Council to help inform decision making.

2023 Budget Discussions

City Council will discuss the 2023-2027 Draft Financial Plan (2023 Draft Budget) at a series of Special Committee of the Whole meetings starting on Friday, January 20 at 9 a.m., with meetings continuing into February. Learn more

The public can tune in to the meetings, which will be live webcast and archived here

Public Consultation

The community will have the opportunity to provide input on the 2023 Draft Budget. More information will be coming soon.