Vancouver 2023 Budget

2023 Budget

Get involved

Your feedback will be gathered into a public report that will help inform City Council’s decision on the final 2023 Budget in March.

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
Highlights report icon

Draft Current State Budget (4 MB)

Our key challenges and opportunities, property tax scenarios, capital budget, and draft operating budget.

Supporting information

Appendices (2.59 MB)

Detailed forecast allocations, budget requests, expenditure budgets, and major projects/programs.

Open data

Detailed datasets for the 2023-2026 Capital Plan and 2023 Capital Budget.

City services (16.43 MB)

Learn more about services we deliver.

What's happening2023 Capital Budget approved

  • On November 29, 2022, the Draft Current State Operating and Capital Budget was presented to City Council.
  • On December 6, City Council approved the 2023 Capital Budget and referred the 2023 Operating Budget to Q1 for further consideration. 

Watch Council presentation

2023 budget process timeline

  • April-May 2022

    Establish Five-Year Financial Plan

  • June 2022

    Develop Budget Outlook

  • July 2022

    Council review of Budget Outlook

  • August-October 2022

    Develop service plans

  • September-November 2022

    Develop Draft Budget for Council consideration

  • December 2022

    Discussion/interim decision on Draft Current State Operating and Capital Budget 2023

  • We are here
  • January-February 2023

    Public engagement

    Council priority setting

  • March 2023

    Council approves final 2023 Budget