Budget 2025

Shaping the City's 2025 Budget

In January 2025, the City of North Vancouver opened a community engagement process around the 2025 Annual Budget. The process sought to understand the community's priorities as City staff brought forth a new budget. This engagement process is now closed, but we encourage you to download and read through the 2025 Annual Budget What We Heard Report.

About the Annual Budget and Financial Plan

Each year, the City develops a balanced budget that guides how much it needs to spend to provide services for that year and how much revenue it will need to fund those services.

The annual budget is part of the City’s 5-year Financial Plan that forecasts future budgeting to ensure accountability and service delivery to taxpayers. The plan considers external economic opportunities and pressures and the long-term vision for the City, balanced with the need to provide the essential services that residents rely on every day.

There are three main categories of the Financial Plan:

• Operating Budget: Ensures the dependable delivery of essential services and programs, including public safety, transportation and transit, recreation and culture, and more.
• Capital Budget: An investment plan for maintaining, improving and building essential infrastructure, including the new Harry Jerome Community Recreation Centre, roads and sidewalks, parks and trails, and more.
• Utilities Budget: Ensures effective and sustainable delivery of water, sewer services and waste collection.

Where did my taxes and levies go in 2024?

What engagement was conducted?

The engagement process involved a City-wide survey that was available in both digital and hard-copy formats between January 3rd and January 17th, 2025. Results from the engagement were summarized in the 2025 Annual Budget What We Heard Report, which you can download by clicking here.

Last updated: July 15, 2025