Annual Budgets
Each year, we develop an annual budget to meet community needs and balance the delivery of services with property taxes and user fees.
2020 budget public consultation
Tell us how you think we should spend your tax dollars! You're invited to attend a town hall meeting at City Hall (100 Newport Drive) on Tuesday, February 4, 2020 to share your thoughts with Council as they consider the 2020-2024 draft financial plan.
The 2020 Budget Guide provides information about the budget process and the City's proposed net operating expenses for 2020. Our 2020 budget breakdown shows you average household costs broken down by City departments.
Can't make the town hall meeting? Fill out our online feedback form by Sunday, February 9, 2020.
On social media, you can use #pomobudget to let us know your thoughts.
To understand your property value assessment and how your taxes are calculated, watch our video:
Draft 2020 budget
Our Financial Services department presented the Draft 2020-2024 Operating and Capital Budget to the Finance Committee for deliberation on Tuesday, December 3, 2019. Review the Draft 2020-2024 Five Year Financial Plan for more detailed information about our budget and financial plans.
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For further details, view the full Draft 2020-2024 Budget
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For further details, view the full Draft 2020-2024 Capital Budget
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Operating budget
Our operating budget covers spending related to the day-to-day operations of City departments. These daily expenses help to keep our streets and homes safe, and ensure that we have clean water running through the taps, garbage and recycling trucks on the road, and recreational and cultural facilities open for the public. Typical examples of operating expenses are:
- employee salaries and wages
- supplies, materials, and equipment
- property, liability and vehicle insurance
- maintenance
Capital budget
The City's capital budgets fund larger, long-term projects, mostly related to maintaining, upgrading, and replacing the City's infrastructure and facilities. It's important to make long-term plans for scheduled maintenance and replacement of these valuable, tangible capital assets (TCAs) to ensure they are in place to deliver services. The capital budget works to advance Council’s 2019-2023 strategic plan within our long-term financial capacity.
Types of projects funded
Past budgets
Review our past budgets:
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