City Budget

The City strives to maintain quality programs and services for citizens and keep taxes affordable for our businesses and households.    

Annually the City updates the 5-year Financial Plan and the 10-year Project Plan, balancing changing needs and priorities within the community.    

Read the 2021 - 2025 Provisional Financial Plan Quick Facts  for highlights of the Provisional 2021 – 2025 Financial Plan.   The provisional budget reflects decisions made by Council during November and December 2020.

Read the 2021 - 2025 Draft Financial Plan and Departmental Business Plans that were presented to Council at the November 25th and 27th Special Finance and Audit Committee meetings for additional information.  

Departmental Business Plans and Business Cases

City Administration:

     Business Plans:

Chief Administrator's Office Business Plan

Human Resources Business Plan

Legislative Service and Communications Business Plan

      Business Case:  

Records and Information Specialist

Corporate Services:

     Business Plans:

Finance Business Plan

Information Technology Business Plan

Emergency Management Business Plan

Police Services Business Plan

     Business Cases:


Corporate Asset Management System

Digital Forensic Technician

Major Case File Specialist

Mental Health Outreach Team

Development Services:

     Business Plans:

Community Development Business Plan

Development Approvals Business Plan

     Business Cases:

Community Environmental Restoration Grant Program

Downtown Security

Indigenous Engagement Specialist

Manager of Social Planning

Manager of Sustainability

Municipal Enforcement Officers Hours

Engineering and Public Works:

    Business Plans:

Engineering Business Plan

Public Works Business Plan

   Business Cases:

Community Clean Team

eBike Rebate

Municipal Services Inspector

Project Engineer

Parks, Recreation and Culture:

Culture Business Plan

Facility and Parks Operations Business Plan

Recreation Business Plan

Nanaimo Fire Rescue:

Nanaimo Fire Rescue Business Plan


       RCMP Business Plan

Upcoming Budget Sessions:

2021 - 2025 Financial Plan Update

April 14th  9 am Special Finance and Audit Committee Meeting

Shaw Auditorium


Annual Financial Plans

The City’s integrated planning framework is comprised of separate but complementary planning processes.  These processes support alignment and integration of resources and activities to achieve the strategic goals and priorities set by Council. 

Financial Plan

In compliance with the Community Charter, the Financial Plan is developed through public consultation and Council direction.  Prior to May 15th each year, Council must adopt both a Five Year Financial Plan bylaw and a Property Tax Rates bylaw.

2019 – 2022 Strategic Plan

In early 2019, Council developed and adopted the 2019 - 2022 Strategic Plan. The Strategic Plan has four strategic themes and ten focus areas, which set out Council priorities and will guide Council decision making and the Financial Plan over the Council term. 

The four strategic themes for the plan are:

  1. Governance Excellence
  2. Environmental Responsibility
  3. Economic Health
  4. Livability

20-Year Investment Plan

On April 5, 2017, staff presented a 20-Year Infrastructure Investment Plan to Council. The plan included projected investment required over the next twenty years for current infrastructure renewal, for new/upgraded infrastructure required due to growth and for specific investment.

Development of the City's first 20 Year Infrastructure Investment Plan was led by the City's Asset Management Steering Committee and included input from the DCC Review Committee. Both committees have representation from across the organization including engineering, development, facilities, IT and finance disciplines.

The 20 Year Infrastructure Investment Plan identified a projected infrastructure investment need of $1.1 billion with current funding strategies providing $794 million. The total potential funding gap is $258 million. The gap is comprised of a funding shortfall of $117 million in development contribution charges for new and upgraded infrastructure required due to growth and $141 million for infrastructure renewal funded from general revenues and reserves. Council approved the following recommendations to close the funding gap:

  • Continuation of 1% annual increase to property taxes to 2022 for contributions to the General Asset Management Fund Reserve
  • Completion of the DCC Review and adoption of new rates bylaw
  • Continued development of the City's asset management capacity

The new DCC rate bylaw was adopted in the Spring of 2018.  The City's Asset Management Steering Committee is currently leading several key initiatives.

Read the 20-Year Investment Plan.

Get Involved!

Citizens have an opportunity to provide their input and engage in budget discussions once a Draft Financial Plan is presented to Council. Here is how:

  • Attend Council and Finance and Audit Committee Meetings on Budget discussions
  • Participate in the annual eTown Hall Meeting to discuss the City of Nanaimo's annual budget

2020 – 2024 Financial Plan

The Final 2020 - 2024 Financial Plan was adopted by Council on May 11, 2020. 

Read the 2020-2024 Financial Plan QuickFacts for highlights of the Final 2020 – 2024 Financial Plan. 

Read the 2020 - 2024 Financial Plan for an overview of the plan.

2019 - 2023 Financial Plan

The Final 2019 – 2023 Financial Plan was adopted by Council on May 6, 2019. 

Read the 2019-2023 Financial Plan Quick Facts  for highlights of the Final 2019 – 2023 Financial Plan.

Read the Final Budget in Brief  for an overview of the plan.

 2018 - 2022 Financial Plan

The Final 2018 – 2022 Financial Plan was adopted by Council on May 9, 2018.

Read the 2018-2022 Financial Plan Quick Facts for highlights of the Final 2018 – 2022 Financial Plan.



Contact Us

Finance Division 250-754-4251

Last updated: April 9, 2021

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