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MattersFinanceBYLAW 2069First seen Apr 19, 2022Last discussed May 2, 2022

2022–2026 financial plan

The financial plan sets the City’s planned spending and revenues for 2022 through 2026. The available record does not provide specific budget amounts or service changes.

Where it stands: The bylaw received first, second and third readings Apr 19, 2022, and was listed for adoption May 2; no adoption decision is recorded.

Governing bylawNo. 2069

Financial Plan for 2022-2026 Bylaw

The City’s 2022–2026 financial plan sets out its planned revenues, spending, borrowing and transfers, alongside its revenue and property-tax policies. It identifies property taxes as the City’s primary revenue source and explains how Council approaches tax stability, fees and borrowing.

Key rules and full textOfficial PDF

Background

Earlier and later steps of the same initiative.

  1. Apr 4, 2022

    2022–2026 financial plan

    The proposed five-year plan sets out city spending and capital priorities for 2022–2026 and includes a proposed 2.95% municipal tax increase. It outlines the funding plan for city services and projects over those years.

Timeline

Every time this matter appeared in council records, newest first.

  1. May 2, 2022· Council

    Financial plan bylaw listed for adoption

    Final approval. The bylaw is now in force.

  2. April 19, 2022· Council

    Financial plan bylaw received three readings

    Passed 5–0

    Council approved the content and final wording. Adoption is the last step.