Next Step for 2021 Draft Budget
January 28, 2021
Thank you to everyone who provided feedback on the 2021 Draft Budget.
Next Step - Budget Deliberations
Public input on the 2021 Draft Budget was presented to Council for consideration at the Special Committee of the Whole Meetings on Monday, January 18 and on Monday, January 25. The 2021 Budget will be considered at the Council meeting that follows Committee of the Whole on Thursday, January 28 at 1:15 p.m.
Budget 2021 will be finalized at the end of April after BC Assessment finalizes its property assessments for the year.
Over a five-week period (December 7, 2020 to January 13, 2021), the community was invited to provide feedback on the 2021 Draft Budget in the following ways:
- Virtual Budget Town Hall on January 13 at 6:30 p.m. (Watch the archived webcast.)
- Online Survey until January 10
- Emailing email@example.com until January 10
- Youth Speak: Budget 2021, a virtual event aligned with the Town Hall
Virtual Budget Town Hall
This interactive event provided residents and businesses the opportunity to ask questions and give input on the 2021 Draft Budget. You could:
- Submit your question or comment in our online formthen tune in to the webcast for the answers
- Tweet your question with the hashtag #victownhall
- Watch the live event for an opportunity to call in and speak for up to three minutes about the 2021 Draft Budget
- Submit a video up to three minutes in length to be played during the live event. The deadline to submit your video was 2 p.m. on Monday, January 11.
- Pre-register to speak live via phone for up to three minutes during the Virtual Budget Town Hall. The deadline to pre-register was 2 p.m. on Tuesday, January 12.
The proposed budget allocates $255.9 million to operate the City’s more than 200 programs and services and invests $52.9 million in capital infrastructure projects. Council has provided direction to add an additional $3 million back into the capital budget, although specific projects are still to be determined.
The 2021 Draft Budget proposes to maintain current service levels and keep the tax increase to one per cent plus inflation. This investment will enable Council to continue to enhance the well-being of the community, invest in infrastructure upgrades and achieve the City’s Strategic Plan.
See what's proposed by reading the 2021 Draft Financial Plan, or for a quick read, view the Budget Summary.Go to Top