Budget 2023

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What are your priorities for City spending in 2023?

We thank everyone for your input and interest in the Draft 2023 Budget engagement process. Your feedback will be gathered into a public report that will help inform City Council’s decision on the final 2023 Budget on March 7.

Each year City staff prepare an annual operating and capital budget for City Council’s consideration. We collect your feedback on priorities for City spending and ideas for how the City can deliver a balanced budget while still maintaining core services and programs that meet the needs of residents and businesses.

There are several ways you can still be involved

• Read the 2023 Draft Budget Information Package (PDF, 2MB) to learn more about the City’s budget planning process
• Register to speak at the City Council meeting by phone or in person on February 28 via vancouver.ca/council-meetings
• Contact Mayor and Council directly to provide feedback via vancouver.ca/contact-council
• Share these opportunities with your networks

Updates on the draft 2023 Budget

Due to 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.

On November 29, staff presented the 2023 Draft Current State Budget (PDF, 4MB) to Council for their consideration. It includes estimates in revenue and expense changes and outlines the property tax and fee increases needed in 2023 to maintain existing levels of service.

On December 6, City Council deferred the 2023 Operating Budget (spending on everyday services and programs) to early 2023 for further consideration. The full 2023 Budget, including final property tax rates, will be finalized and approved by Council in March.