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 and businesses 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 Financial Plan 

The City of Victoria's 2024-2028 Financial Plan is now available. This year, Council will invest $337.3 million in operating and $153.2 million in capital improvements to deliver over 200 services and programs on which the community depends.


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.