Budget and Taxation for 2021

NEW:

Provisional budget meeting upcoming on January 21, 2021. See details below.

 

 

 

 

Jump to:

Background

Budget 2021

How to Participate

Key Documents

 

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 2021

Click here for a PDF of this infographic


 

HOW TO PARTICIPATE

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

 

LISTEN: 2021 Budget Deliberations

December 1, 2020
12:00 noon

On December 1 at 12:00 noon in Council Chambers at City Hall, staff will be presenting recommendations to Council in order to get their direction on the proposed tax rates for 2021, operational budget changes, the use of the COVID-19 Safe Restart Grant Funds, the Northern Capital and Planning Grant funds, and more. It’s been a challenging year for everyone, and Council will have many issues to consider.

Take Part: This meeting is open to the public for observation but public feedback will not be taken during the meeting. Space is limited in Council Chambers so the meeting will also be livestreamed on our Facebook page. The video will be available on our website following the meeting.

More Information:

Watch the Meeting:

 

COLLECT: Send Us Your Written Feedback

Revised: December 3–31, 2020

After Council had a chance for discussion, we posted a budget overview for your feedback. The public was given until December 31 to review the ​budget overview and the agenda materials and tell us what they think and ask questions. Staff will gather this feedback and provide responses on our budget page and on social media.

THE SURVEY IS NOW CLOSED. Thanks for participating!

SURVEY RESULTS: Read the 2021 Budget Survey Report

 

DELIBERATE: Draft Budget Presentation

Revised: January 21, 2021 - 5:30–8:30 pm

In this step, Council will deliberate the 2021 draft budget and 2021–2025 Financial Plan. Prior to the meeting, Council will be given a copy of all public feedback for their consideration.

Take Part: This meeting is open to the public for observation but public feedback will not be taken during the meeting. The meeting will be livestreamed on our Facebook page and website. Video will also be available on our website following the meeting.

Meeting agenda coming soon.

 

DECIDE – 2021–2026 Final Adoption

Council will adopt the final budget for 2021 and 2021–2025 Financial Plan in Council Chambers at City Hall. From the previous meeting until now, staff will use the time to finalize the plan, make tweaks as required, and prepare the plan for final approval.

Take Part: This meeting is open to the public for observation but public feedback will not be taken during the meeting. The meeting will be livestreamed on our Facebook page and website. Video will also be available on our website following the meeting.

 

KEY DOCUMENTS

We will post more documents as they become available.

Return to main Finance page for more historical documentation

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