Budget 2025
When your garbage is collected, your street is plowed, or you are visiting the splash park, your tax dollars are 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.
When your garbage is collected, your street is plowed, or you are visiting the splash park, your tax dollars are 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.
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Third budget meeting set for November 6
Share Third budget meeting set for November 6 on Facebook Share Third budget meeting set for November 6 on Twitter Share Third budget meeting set for November 6 on Linkedin Email Third budget meeting set for November 6 linkThe third budget 2025 meeting between Council and staff will take place Wednesday, November 6.
The November 6 meeting agenda is available on the Council Portal.
At the meeting, the City's Finance Director will present:
- updated Draft Capital Plan 2025-2029
- updated 2025 Draft General Operating Budget
The meeting is open to the public and there's many ways to participate.
- Attend in person (3215 Eby Street)
- Watch the meeting live on the City of Terrace Facebook page
- Watch a live webcast on the City of Terrace website
- Join through Teams (info to join is in the agenda)
- Send a written submission to cityhall@terrace.ca
- Send a written submission by mail or drop it off: 3215 Eby St, Terrace, BC V8G 2X8.
Note: If you'd like to ask a question, you must attend the meeting in person or through Teams.
Details about participating in the City's public meeting can be found on the City's website at terrace.ca/participate.
We want to hear from you!
A large part of setting the City's budget is considering the wants and needs of residents and in addition to being able to attend the budget meetings, and ask questions.
Council will engage with residents about their budget priorities in the next couple months through the distribution of a detailed budget consultation document, a short survey and an in-person town hall. More details coming soon!
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Second budget meeting set for October 23
Share Second budget meeting set for October 23 on Facebook Share Second budget meeting set for October 23 on Twitter Share Second budget meeting set for October 23 on Linkedin Email Second budget meeting set for October 23 linkThe second budget 2025 meeting between Council and staff will take place Wednesday, October 23.
The October 23 meeting agenda is available on the Council Portal.
At the meeting, the City's Finance Director will present the 2025 Draft General Operating Budget.
The meeting is open to the public and there's many ways to participate.
- Attend in person (3215 Eby Street)
- Watch the meeting live on the City of Terrace Facebook page
- Watch a live webcast on the City of Terrace website
- Join through Teams (info to join is in the agenda)
- Send a written submission to cityhall@terrace.ca
- Send a written submission by mail or drop it off: 3215 Eby St, Terrace, BC V8G 2X8.
Note: If you'd like to ask a question, you must attend the meeting in person or through Teams.
Details about participating in the City's public meeting can be found on the City's website at terrace.ca/participate.
We want to hear from you!
A large part of setting the City's budget is considering the wants and needs of residents and in addition to being able to attend the budget meetings, and ask questions, Council will engage with residents about their budget priorities in the coming months.
Tell us what's important to you!
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First budget meeting set for October 9
Share First budget meeting set for October 9 on Facebook Share First budget meeting set for October 9 on Twitter Share First budget meeting set for October 9 on Linkedin Email First budget meeting set for October 9 linkThe first budget meeting between Council and staff will take place Wednesday, October 9.
The October 9 meeting agenda is available on the Council Portal.
At the meeting, the City's Finance Director will present the Draft Capital Plan for the years 2025 - 2029.
The meeting is open to the public and there's many ways to participate.
- Attend in person (3215 Eby Street)
- Watch the meeting live on the City of Terrace Facebook page
- Watch a live webcast on the City of Terrace website
- Join through Teams (info to join is in the agenda)
- Send a written submission to cityhall@terrace.ca
- Send a written submission by mail or drop it off: 3215 Eby St, Terrace, BC V8G 2X8.
Note: If you'd like to ask a question, you must attend the meeting in person or through Teams.
Details about participating in the City's public meeting can be found on the City's website at terrace.ca/participate.
We want to hear from you!
A large part of setting the City's budget is considering the wants and needs of residents and in addition to being able to attend the budget meetings, and ask questions, Council will engage with residents about their budget priorities in the coming months.
Tell us what's important to you!
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Budget Basics
Share Budget Basics on Facebook Share Budget Basics on Twitter Share Budget Basics on Linkedin Email Budget Basics linkMunicipalities 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.
Every year, staff and Council engage in a budget process, where they look at revenues and expenses and set the budget.
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Welcome to Budget 2025!
Share Welcome to Budget 2025! on Facebook Share Welcome to Budget 2025! on Twitter Share Welcome to Budget 2025! on Linkedin Email Welcome to Budget 2025! linkThis page is your one-stop shop for everything you want to know about the City of Terrace's 2025 budget process.
This is where we'll be posting updates and any activities related to the 2025 budget.
Meeting times and dates have already been set. Check out the timeline to see when they are.
Join us if you can! The City's budget the lives of everyone who lives in Terrace, so we want to hear from you.
Who's Listening
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Finance Department
FTEmail engage@terrace.ca
Related projects
Archived Projects
Timeline
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June 28, 2024 - Preliminary Budget Meeting
Budget 2025 has finished this stage- Introduction of the budget to City Council, including timeline, known budget impacts, and budget policies.
- Committee of the Whole Meeting.
- Open to public.
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September 11 and 12, 2024 - Community Partner Presentations
Budget 2025 has finished this stage- Committee of the Whole Meeting.
- Open to public.
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Wednesday October 9, 2024 - 1st meeting
Budget 2025 has finished this stage- Council discussion of general, sewer and water CAPITAL budgets.
- Introduction of the capital budget plans and unfunded capital list.
- Committee of the Whole Meeting.
- Open to public.
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Wednesday, October 23, 2024 - 2nd Meeting
Budget 2025 has finished this stage- Council discussion of general, sewer, and water operating budgets Introduction of the general, sewer, and water OPERATING budgets.
- Committee of the Whole Meeting.
- Open to the Public.
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UPDATED! Wednesday November 6, 2024 - Budget updates
Budget 2025 is currently at this stage- Continue discussions from previous meetings.
- Updates on operating and capital budgets.
- Committee of the Whole Meeting.
- Open to the Public.
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November 2024 to early January 2025 - Public Consultation
this is an upcoming stage for Budget 2025- Consultation is ongoing
- Early December - Distribution of Budget Consultation Document & Survey (Closes January 5, 2025)
- December 17 - Town Hall with Mayor & Council
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December 17 - Town Hall
this is an upcoming stage for Budget 2025- 6pm to 8pm
- Banquet Room at the Sportsplex
- Residents are invited to talk to Mayor & Council about ‘hot topics’ (based on common questions and concerns) and ‘hot budget topics’ related to the 2025 budget.
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January 5, 2025 - Survey Closes
this is an upcoming stage for Budget 2025