Budget 2020

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The City’s 2020 budget, adopted on May 4, delivered a balanced budget for the 2020 financial year and established the 2020 property tax increase. Council set the overall property tax increase for 2020 at 3% for all classes except Class 5 Light Industry which was set at 10.8% to bring this rate in line with the business property class rate. The tax increase is budgeted to be 3.5% for 2021 to 2024.

More information and full news release available here. Information on the budget process and financial plans is on the City’s website.

The City’s next budget process will begin in January 2021 with public engagement in February and March. Council will consider the 2021 budget and 2021-2025 five-year financial plan.


The City’s 2020 budget, adopted on May 4, delivered a balanced budget for the 2020 financial year and established the 2020 property tax increase. Council set the overall property tax increase for 2020 at 3% for all classes except Class 5 Light Industry which was set at 10.8% to bring this rate in line with the business property class rate. The tax increase is budgeted to be 3.5% for 2021 to 2024.

More information and full news release available here. Information on the budget process and financial plans is on the City’s website.

The City’s next budget process will begin in January 2021 with public engagement in February and March. Council will consider the 2021 budget and 2021-2025 five-year financial plan.

Any question about the budget, big or small, we’re here to help. Please submit your questions below and we will do our best to answer them in a timely manner.

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