Budget and Taxation for 2022

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Background

Budget 2022

How to Participate

Key Documents

 

NEWS

We’re getting started with our budget deliberations a little earlier this year. Our first meeting will be a Committee of the Whole on Tuesday, June 22, 2021, when staff will present several reports to Council:

  1. Proposed 2022 Budget Schedule: Council will review the proposed schedule. This timeline allows for staff time to review and update the budget, schedule meetings, and include public consultation.
  2. Preliminary 2022 Budget Status: Council will hear from staff about the current status of the general, water, and sewer operating budgets, and Council will have the opportunity to provide direction and set priorities.
  3. Financial Plan Objectives and Policies: Council will examine the financial plan’s objectives and policies to determine whether it is satisfied with them.
  4. Citizen Satisfaction Survey Overview: Council will hear about a preliminary step in the budget process this year—a citizen satisfaction survey available over the summer months prior to a planned budget meeting in September.

The public is welcome to join this meeting and ask questions at the end, if desired, by joining our Teams call. The meeting will also be livestreamed through the City of Terrace website and Facebook page, as usual.

JOIN IN:

Tuesday, June 22
5:00 pm
Online only

Learn how to participate

View the meeting agenda

 


BACKGROUND

Municipalities own, maintain, and operate a wide range of infrastructure to support the provisions of needed and desired services for their communities. Examples of these assets include: 

  • police and fire stations 
  • roads and sidewalks 
  • street lighting 
  • pipes and facilities for disposal of sewer and storm water 
  • arenas, pools, sports fields, and playgrounds 
  • and more 

Growth in the community requires expansion to existing infrastructure to provide municipal services for new residents and businesses. Councils are continually challenged to maintain current infrastructure and services while also addressing the demand for enhanced and new services—and keeping it all within affordable levels for their communities. 

Whether your garbage is being collected, your street is being plowed, or you are visiting the splash park, you are witnessing your tax dollars at work. It is municipal budget decisions, at the direction of Mayor and Council, that set the funding levels for the programs and services that maintain your quality of life. Developing this budget involves making difficult decisions between essential programs, infrastructure demands, and the wants and needs of residents.  

The City of Terrace needs to ensure it is budgeting adequately to maintain long-term financial stability for the future of the community as well as focusing on the wants and needs of today.  

Take a look at our budget plan below.

 


PROPOSED BUDGET 2022

 

Infographic to come!


 

HOW TO PARTICIPATE

We welcome and appreciate public participation in our budget process. There will be a number of ways to take part through each step.

Our timeline will be coming soon, once it has Council's approval.

 

 


 

KEY DOCUMENTS

We will post documents as they become available.

Return to main Finance page for more historical documentation

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