Each year City Council and City Staff work together to develop an annual budget and five-year financial plan to guide where tax dollars, funding, and resources are allocated during the coming year. The City’s budget is guided by Council's strategic priorities, the need to maintain and replace our infrastructure and assets, continuing to offer essential services, and priorities expressed by the community.

Stay Informed! Help Shape the 2026 Budget

As we move through the 2026 Budget Process you'll find reports, feedback opportunities, and information on this page.

On March 10, Council provided direction to prepare a draft 2026 Budget that reflects a 6.68% property tax increase.This direction followed Council's review of proposed operating and capital budgets developed based on endorsed budget guidelines, public feedback, and a number of additional unbudgeted requests.

Read our high-level 'Budget at a Glance' document for an overview of the draft budgets, plans for the upcoming years, and what it means for you.

The City’s proposed 2026 budget is designed to continue delivering the services residents rely on every day — from snow clearing and recreation programs to fire protection, planning, and community facilities. Because municipalities in B.C. must balance their budgets, the revenues we expect to collect must fully cover the services we plan to deliver in the year.

The proposed budget maintains existing service levels, ensures the City continues to meet regulatory requirements, invests in long‑term reserve health, funds critical infrastructure, and advances Council’s Strategic Plan with a focus on four priority areas.

It is important to recognize that many municipal services are not optional and must be delivered every year. In addition, wages and staffing make up approximately half of the City’s operating budget, because services cannot be delivered without people.

Because property taxation makes up roughly 35% of the City’s total revenues, decisions to increase funding in a service area typically require either higher taxation or reducing services in another area to remain balanced. Conversely, reducing funding in a service area generally results in reduced levels of service.

CLOSED Thank you to everyone who tried their hand at allocating funding across major service areas using our new Budgeting Tool.