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 2022 - 2026 Provisional Financial Plan Quick Facts  for highlights of the Provisional 2022 – 2026 Financial Plan.  

Read the 2022 - 2026 Draft Financial Plan and Department Business Plans that were presented to Council during the budget review process for additional information.

2022 Departmental Business Plans and Business Cases

City Administration:

Chief Administrator's Office Business Plan

Human Resources Business Plan

Legislative Services and Communications Business Plan

Corporate Services:

Business Plans:

Finance Business Plan

Information Technology Business Plan

Emergency Management Business Plan

Police Services Business Plan

Business Cases:

Manager, Financial Services & Special Projects

Supervisor, Technical Support

Police Services: Support Staff Resourcing Plan

Development Services:

Business Plans

Community Development Business Plan

Development Approvals Business Plan

Business Cases:

Parkade Security Plan

Engineering and Public Works:

Business Plans:

Engineering Business Plan

Public Works Business Plan

Business Case:

Community Clean Team

Parks, Recreation and Culture:

Business Plans:

Facilities and Parks Operations Business Plan

Recreation and Culture Business Plan

Business Cases:

Aquatics Development Plan

PRC Parks, Trails, and Natural Areas, Lead Supervisor

PRC Parks Maintenance Worker Playgrounds

Nanaimo Fire Rescue:

Business Plan:

Nanaimo Fire Rescue Business Plan

Business Case:

Manager, VIERA

RCMP:

Business Plan:

RCMP Business Plan

Business Case:

Geographically Targeted Bike Patrol Units

Upcoming Budget Sessions: 

Sessions for the Final 2022 – 2026 Financial Plan will be held in the Spring of 2022.  Date(s) to be announced.

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

Past Financial Plans

2021 – 2025 Financial Plan

2021-2025 Financial Plan Quick Facts 

2021 - 2025 Financial Plan 

2020 – 2024 Financial Plan

2020-2024 Financial Plan QuickFacts  

2020 - 2024 Financial Plan 

2019 - 2023 Financial Plan

2019-2023 Financial Plan Quick Facts 

Final Budget in Brief  

2018 - 2022 Financial Plan

2018-2022 Financial Plan Quick Facts 

 

 

Contact Us

Finance Division 250-754-4251
finance.division@nanaimo.ca

Last updated: December 7, 2021

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