Backgrounder: City Budget Facts

The Vancouver City Budget Snapshot
  • 2007 Budget: $844 million
  • The city is required by law to balance its budget.
  • The city has two different budgets:

City Operating Budget
Annual budget funding of the day-to-day operations of city services, programs, facilities and administration. This budget is the subject of the 2008 consultation process.

Capital Budget
Three-year plan for major construction and reconstruction of streets, facilities, bridges, sewage, and other long term project. The city is currently in the third year of the 2006-2008 capital budget.

What Services are Contingent on a Property Tax Hike in 2008?

  • Increased police department funding
  • Planning and city management
  • Carnegie Centre outreach and food services
  • Economic Development Commission
  • Olympic venue construction and renewal