City Budget

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 

UPDATE: At a public meeting on Thursday, April 25, 2024, Council adopted the Five-Year Financial Plan Bylaw 2024 and the Tax Rate Bylaw. The tax increase for 2024 is 7.93 per cent


Learn about the public engagement that took place in fall 2023 to help inform the 2024 Draft Budget and Council's decision making. 

Previous Budget Documents

Four years’ worth of previous budget documents are available below.