Budgets help the City deliver programs and services necessary to maintain and enhance our high standard of living.
That means roads and public transit that move people; police, bylaw and fire rescue services to keep people safe; parks; waste management to keep our communities clean and healthy; and, social programs and leisure activities that make Edmonton a great place to live, work and visit.
The City’s Operating Budget and Utilities Budget identify the costs for all day-to-day civic services and programs that Edmontonians depend on and the sources of revenue to pay for those services, including property taxes, user fees and utility rates.
The City’s Capital Budget is for the infrastructure that the City builds, such as roads, bridges, recreation centres, fire halls, police stations and libraries. The City invests in new infrastructure to meet the needs of a growing population and economy, and repairs existing infrastructure to maintain the high standards Edmontonians expect. The main funding sources to build and renew the infrastructure required for a progressive and modern City include grants from provincial and federal governments, the City’s investment income, developer fees, local improvement fees and debt financing.
Multi-year budgeting allows City Council and Administration to take a longer-term view of Edmonton’s needs and to plan stable program and service delivery approaches. While the overall budgets are set, there is opportunity for City Council to make adjustments in the Spring and Fall of each year.
On December 14, 2018 City Council approved the 2019-2022 Operating Budget, the 2019-2022 Capital Budget and the 2019-2022 Utilities Budget.