This project has been archived and is no longer being updated. For the latest information, please visit the City's Financial Plan webpage by clicking here.

Building the 2026 Annual Budget

In October 2025, the City of North Vancouver invited community members to share their perspectives to help inform the 2026 Annual Budget. Each year, the City develops a balanced budget that guides how much it will spend to provide services and how much revenue it has to fund those services.

The annual budget is part of the City’s 5-year Financial Plan. The plan considers external economic opportunities and pressures, the long-term vision for the City, and balances it with the need to provide the essential services that residents rely on every day.

Engagement activities are now closed and City staff have compiled the data collected through engagement in a What We Heard Report that can be downloaded here.


About the Annual Budget and Financial Plan

There are three main categories of the Financial Plan:

  • Operating Budget: Ensures the dependable delivery of essential services and programs that residents rely on, 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.

The following image breaks down how your taxes and levies were spent last year.


Activities included an online survey and two in-person pop-up events, providing residents and people who work in the city with the opportunity to identify priorities and share feedback on City services, spending and revenue tools.

More project information

Past project updates

Documents

Timeline

  • Timeline item 1 - complete

    Budget Outlook is presented to Council

    September 2025

    City Staff create an initial Budget Outlook that contains initial directions for the 2026 Budget. The outlook is presented to Council.

  • Timeline item 2 - complete

    Community engagement begins

    October 15th to 29th, 2025

    A survey collects community input to inform the 2026 Budget.

  • Timeline item 3 - complete

    2026 Draft Budget and Financial Plan presented to Council

    November 3rd, 2025

    City staff present engagement results and the draft 2026 Budget to City Council. City Council may direct staff to make changes.

  • Timeline item 4 - complete

    Financial Plan Bylaw adoption

    Winter 2025 - 2026

    After making any changes requested by Council, staff bring the final Plan to Council for adoption.

Questions?

Please reach out to the project team at finance@cnv.org. You can also visit the Financial Plan Webpage(External link) for more information.