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.

2020 Budget Feedback Form

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. 

 Proposed Operating Budget

For further details, view the full Draft 2020-2024 Budget

 Proposed Capital Budget

 For further details, view the full Draft 2020-2024 Capital Budget

Department 2020 2021 2022 2023 2024
City Administration $125,000 $125,000 $125,000 $125,000 $125,000
Corporate Services $41,000 $36,000 $41,000 $36,000 $41,000
Community Services $2,484,700 $1,116,600 $1,788,000 $1,209,900 $1,751,300
Planning & Development $190,000 $0 $0 $0 $0
Engineering & Operations $3,287,500 $6,714,100 $2,798,000 $3,034,800 $3,597,000
Environment & Parks $990,000 $1,219,000 $1,542,800 $147,000 $117,000
Fire Rescue $0 $0 $0 $0 $0
Finance & Technology $270,000 $105,000 $20,000 $60,000 $170,000
Library $41,100 $0 $0 $0 $0
Police $528,700 $262,100 $154,600 $240,900 $750,300
Utilities $8,374,700 $7,299,400 $4,167,200 $5,945,200 $6,458,100
Total $16,332,700 $16,877,200 $10,636,600 $10,798,800 $13,009,700
 Timeline

Jul 16, 2019

Finance Committee

Budget guidelines approved

Agenda

-

Video

Jul 2019

Staff Action

Budget packages distributed to departments 

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-

-

Jul - Sep 2019

Staff Action

Budgets prepared by departments 

-

-

-

Sep - Nov 2019

Staff Action

 Staff budget reviews

-

-

-

Oct 15, 2019

Finance Committee 

Utility Budget and Rates Approved 

Agenda

 -

Video

Oct 22, 2019 

Regular Council 

Library Board Budget Presentation 

Agenda

 Presentation

Video

Nov 5, 2019

Finance Committee

Introduce Draft 2020-2024 Capital Budget 

Agenda
 Presentation  Video

Nov 26, 2019 

Regular Council 

Police Board Budget Presentation 

Agenda

 Presentation

Video

Dec 3, 2019 

Finance Committee

Introduce Draft 2020-2024 Operating Budget 

Agenda

 Presentation

Video

Jan 7, 2020

Finance Committee

Budget Deliberations

 Agenda

 Presentation

 Video

Jan 21, 2020

Finance Committee

Budget Deliberations

 

 

 

Feb 4, 2020 

Town Hall Meeting

Public Consultation - with CAG

 

 

 

Feb 18, 2020

Finance Committee

Budget Deliberations

 

 

 

Mar 3, 2020

Finance Committee

Budget Deliberations

 

 

 

Mar 17, 2020

Finance Committee

Budget Deliberations

 

 

 

Apr 7, 2020

Finance Committee

Approval of Financial Plan and Tax Rates Bylaws

 

 

 

Apr 28, 2020

Regular Council 

Financial Plan and Tax Rates Bylaws First 3 Readings 

 

 

 

May 12, 2020

Regular Council 

Financial Plan and Tax Rates Bylaws Adoption

 

 

 

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: