To build our budget each year, we must balance the need to provide services, facilities, and infrastructure that meet the needs of our residents and businesses with the desire to keep property tax and utility rate increases at a manageable level.
Because of the 2022 municipal election, the timeline for the 2023 budget is different from previous years to give the newly elected Council time to consider the budget. Public engagement will also take place in early 2023.
Get to know the 2023 Draft Current State Budget
The 2023 Draft Current State Budget:
- Is a starting point for discussion and engagement with Council
- Will help align the multi-year planning with the new Council’s priorities
- May be changed or revised by Council and Boards before being finalized in the spring
Draft Current State Budget (4 MB)
Our key challenges and opportunities, property tax scenarios, capital budget, and draft operating budget.
Supporting information
Ways to participate
On November 29, 2022, the Draft Current State Operating and Capital Budget will be presented to City Council. Council is scheduled to deliberate and vote on the budget at their December 6 meeting.
- Attend in person or watch the live-stream
- Sign up to speak during Council
- Contact Mayor and Council directly to provide feedback
2023 budget process timeline
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April-May 2022
Establish Five-Year Financial Plan
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June 2022
Develop Budget Outlook
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July 2022
Council review of Budget Outlook
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August-October 2022
Develop service plans
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September-November 2022
Develop Draft Budget for Council consideration
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We are here
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December 2022
Discussion/interim decision on Draft Current State Operating and Capital Budget 2023
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January-February 2023
Public engagement
Council priority setting
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March 2023
Council approves final 2023 Budget