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Vancouver 2014 budget released today

November 27 2013

Vancouver City Hall

The City of Vancouver today released its proposed 2014 Operating Budget of $1.2 billion and Capital Budget of $285 million, which outlines how tax dollars are invested across city departments, and the services that residents receive.

This includes a detailed schedule of operating revenues and expenditures, a detailed list of capital projects, and comprehensive service plans and performance metrics.

This year’s budget includes more detailed information on city departments and service outcomes, with 292 metrics across 56 different city services.

You can view detailed information on everything from how much garbage is collected, the number of fire inspections conducted, usage for community centres and libraries, the number of staff per department, and reductions in greenhouse gases.

  • View the 2014 budget

Highlights of the 2014 budget

Highlights in this year’s budget include:

  • A balanced budget with a proposed property tax increase limited to 1.9 per cent
  • Total debt declined by roughly $191 million since 2009
  • The Vancouver Services Review, initiated in 2009 to find efficiencies and reduce costs, has saved a cumulative total of $53.1 million
  • Through the Capital Plan, 2014 will see $72 million invested in transportation, $19 million for parks and open spaces, and $17 million for affordable housing

Considering the proposed budget

Vancouver City Council will consider the proposed Capital Budget of $285 million and Operating Budget of $1.2 billion when it meets in a special evening session on Tuesday, December 10 at City Hall.

To register to speak at the special council meeting on Dec.10, email your request to City Clerks or call 3-1-1.

Council will vote on the 2014 Budget on Dec. 17 at the regular Council meeting.

A budget framework built on successes from previous years

The City budget is informed by numerous city programs and plans ranging from the Housing and Homelessness Strategy to Transportation 2040 to Community Plans. Feedback was received from residents and businesses this fall through an annual service satisfaction survey, which highlights key themes and priorities.

This feedback provides a framework for the 2014 budget, which builds on the tangible successes from previous years. The framework focuses on:

  • Sustaining Core Services most valued and relied on by citizens and businesses, such as clean water, an efficient transportation network, proactive police and fire services and parks
  • Building the Future by advancing Council priorities that address the public’s concerns so that Vancouver remains one of the best places in the world to live
  • Sustaining Financial Health by maintaining a long track record of good fiscal management as demonstrated in our strong liquidity position and healthy reserve balances. The 2014 Budget limits overall property tax increases to just 1.9 per cent

Including this comprehensive information in the budget document is designed to provide Council and citizens with a better understanding of services being delivered and the opportunity to assess value-for-money. The City will also focus on increasing public engagement efforts and leveraging external resources through strategic partnerships with the private sector, non-profit and charitable organizations, and other levels of government.

Learn more at a Budget Dialogue session on December 2nd

You are invited to a Budget Dialogue session to learn more about what’s being proposed to align spending with Council and community priorities, provide valued services and deliver them efficiently.

This will also be your chance to discuss the budget with City staff and ask questions before it goes to City Council for consideration on December 10.

The public session is scheduled for December 2 from 6:30-8:30 pm at City Hall (453 West 12th Ave) in the Town hall meeting room.

  • View the 2014 budget

Learn more about the 2014 budget