What you need to know
Planning for the 2025 budget is underway. Each year, we must deliver a balanced budget while maintaining services and capital projects.
- The draft 2025 budget will be published in November 2024.
- Council will vote on the final 2025 Budget in December 2024.
Budget priorities
On October 31, 2023, Council approved 9 City Council strategic priorities with a focus on the issues and opportunities most important to Vancouver residents and businesses.
Each year, our staff work to incorporate these strategic priorities into our budget and service plans.
Review Vibrant Vancouver: City Council's Strategic Priorities 2023-2026 PDF file (501 KB)
2025 Budget survey
We conducted public engagement on the 2025 Budget between August 21 and September 16, 2024.
Each year, we gather input from residents and businesses to understand their priorities for City spending and get ideas on how to balance the budget while maintaining core services and programs. This input helps inform Council when they review the draft budget.
2025-2029 Budget Outlook PDF file (233 KB)
Overview of the key factors impacting our financial outlook, including the steps being taken to balance the budget while improving the delivery of services and capital projects.
2025 Budget process timeline
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May 2024
Develop Budget Outlook
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Late May 2024
Council review of Budget Outlook
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Aug-Sept 2024
Budget engagement
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Aug-Sept 2024
Develop department service plans
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Sept-Nov 2024
Develop draft 2025 Budget
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November 2024
Draft Budget is published and made available to Council and public
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December 2024
Council approves 2025 Budget
