2021 Draft Budget

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Thank you to everyone who provided feedback on the City's 2021 Draft Budget.

Next Step - Budget Deliberations

Public input on the 2021 Draft Budget was presented to Council for consideration at the Special Committee of the Whole Meeting on Monday, January 18 at 9 a.m. Watch the archived webcast of the January 18 meeting and tune in to the live webcast budget deliberations that will continue on Monday, January 25 at 9 a.m.

Background

The COVID-19 pandemic has impacted cities worldwide and the City of Victoria is no different. We’re experiencing significant revenue reductions this year, which is projected to continue in 2021.

Propose to Keep Tax Increase to One Per Cent Plus Inflation
We know how much our residents and businesses depend on our services. That’s why we’ve sharpened our pencils and created mitigation strategies to build a 2021 Draft Budget that keeps the tax increase to one per cent plus inflation, delivers over 200 programs and services that enhance the well-being of our community, invests in infrastructure upgrades and achieves the City’s Strategic Plan.

Proposed Mitigation Strategies
Mitigation strategies will minimize impacts on service delivery and maintenance of the City’s infrastructure. These strategies include focusing the capital budget on essential projects; eliminating some office leases; reducing travel, conference and training budgets; delaying the re-opening of the Victoria Conference Centre; and using new property tax revenue from new developments to offset cost increases and revenue shortfalls.

Federal-Provincial Restart Grant
Revenue loss in 2020 means there will be no surplus to carry over into 2021, however, the City will receive $6.522 million from the Federal-Provincial Restart Grant, some of which will help make up for revenue shortfalls.

As presented in the proposed Draft Financial Plan, the 2021 operating budget totals $255.9 million and the capital budget totals $52.9 million. Council has provided direction to add an additional $3 million back into the capital budget. Projects are still to be determined.

Have Your Say

View the 2021 Draft Budget.

Only have time for a quick read? Check out the Budget Summary.

View the accessible Budget Summary.

Over a five-week period (December 7, 2020 to January 13, 2021), the community was invited to provide feedback on the 2021 Draft Budget in the following ways:

  • Virtual Budget Town Hall - Thank you for joining us. You can view the archived webcast.

  • Online Survey - Thank you to all those who participated in our online survey. The survey is now closed. Survey results will be included in the budget package to Council.


  • Email - Thank you to those who emailed us their feedback by midnight on January 10. Your input will be included in the budget package to Council for consideration.

  • Youth Speak: Budget 2021 - Thank you to all those who took part in Youth Speak: Budget 2021, a free virtual event on Wednesday, January 13 from 6 p.m. - 7:30 p.m.


Virtual Budget Town Hall

The Virtual Budget Town Hall took place on Wednesday, January 13, 2021 at 6:30 p.m. to provide residents and businesses the opportunity to comment on and ask questions about the 2021 Draft Budget.

There were many ways to participate. You could:

  • Submit your question or comment in our online form now or in real time during the Virtual Budget Town Hall, then tune in to the live event for the answers.

  • Tweet your question with the hashtag #victownhall

  • Watch the live event for an opportunity to call in and speak for up to three minutes about the 2021 Draft Budget. A phone number and access code will be provided during the Virtual Budget Town Hall.
  • Submit a video up to three-minutes in length to be played during the live event. The deadline to submit your video was 2 p.m. on Monday, January 11.

  • Pre-register to speak live via phone for up to three minutes during the Virtual Budget Town Hall. The deadline to pre-register was 2 p.m. on Tuesday, January 12.

Youth Speak: Budget 2021

Thank you to those who took part in Youth Speak: Budget 2021, a free virtual event hosted by the City of Victoria in partnership with the City of Victoria Youth Council to give Victoria youth an opportunity get involved with their local government and ask questions to Council about the Citys Draft 2021 Budget during the Virtual Budget Town Hall.


Thank you to everyone who provided feedback on the City's 2021 Draft Budget.

Next Step - Budget Deliberations

Public input on the 2021 Draft Budget was presented to Council for consideration at the Special Committee of the Whole Meeting on Monday, January 18 at 9 a.m. Watch the archived webcast of the January 18 meeting and tune in to the live webcast budget deliberations that will continue on Monday, January 25 at 9 a.m.

Background

The COVID-19 pandemic has impacted cities worldwide and the City of Victoria is no different. We’re experiencing significant revenue reductions this year, which is projected to continue in 2021.

Propose to Keep Tax Increase to One Per Cent Plus Inflation
We know how much our residents and businesses depend on our services. That’s why we’ve sharpened our pencils and created mitigation strategies to build a 2021 Draft Budget that keeps the tax increase to one per cent plus inflation, delivers over 200 programs and services that enhance the well-being of our community, invests in infrastructure upgrades and achieves the City’s Strategic Plan.

Proposed Mitigation Strategies
Mitigation strategies will minimize impacts on service delivery and maintenance of the City’s infrastructure. These strategies include focusing the capital budget on essential projects; eliminating some office leases; reducing travel, conference and training budgets; delaying the re-opening of the Victoria Conference Centre; and using new property tax revenue from new developments to offset cost increases and revenue shortfalls.

Federal-Provincial Restart Grant
Revenue loss in 2020 means there will be no surplus to carry over into 2021, however, the City will receive $6.522 million from the Federal-Provincial Restart Grant, some of which will help make up for revenue shortfalls.

As presented in the proposed Draft Financial Plan, the 2021 operating budget totals $255.9 million and the capital budget totals $52.9 million. Council has provided direction to add an additional $3 million back into the capital budget. Projects are still to be determined.

Have Your Say

View the 2021 Draft Budget.

Only have time for a quick read? Check out the Budget Summary.

View the accessible Budget Summary.

Over a five-week period (December 7, 2020 to January 13, 2021), the community was invited to provide feedback on the 2021 Draft Budget in the following ways:

  • Virtual Budget Town Hall - Thank you for joining us. You can view the archived webcast.

  • Online Survey - Thank you to all those who participated in our online survey. The survey is now closed. Survey results will be included in the budget package to Council.


  • Email - Thank you to those who emailed us their feedback by midnight on January 10. Your input will be included in the budget package to Council for consideration.

  • Youth Speak: Budget 2021 - Thank you to all those who took part in Youth Speak: Budget 2021, a free virtual event on Wednesday, January 13 from 6 p.m. - 7:30 p.m.


Virtual Budget Town Hall

The Virtual Budget Town Hall took place on Wednesday, January 13, 2021 at 6:30 p.m. to provide residents and businesses the opportunity to comment on and ask questions about the 2021 Draft Budget.

There were many ways to participate. You could:

  • Submit your question or comment in our online form now or in real time during the Virtual Budget Town Hall, then tune in to the live event for the answers.

  • Tweet your question with the hashtag #victownhall

  • Watch the live event for an opportunity to call in and speak for up to three minutes about the 2021 Draft Budget. A phone number and access code will be provided during the Virtual Budget Town Hall.
  • Submit a video up to three-minutes in length to be played during the live event. The deadline to submit your video was 2 p.m. on Monday, January 11.

  • Pre-register to speak live via phone for up to three minutes during the Virtual Budget Town Hall. The deadline to pre-register was 2 p.m. on Tuesday, January 12.

Youth Speak: Budget 2021

Thank you to those who took part in Youth Speak: Budget 2021, a free virtual event hosted by the City of Victoria in partnership with the City of Victoria Youth Council to give Victoria youth an opportunity get involved with their local government and ask questions to Council about the Citys Draft 2021 Budget during the Virtual Budget Town Hall.