Budget 2025

The 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.

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!

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.

Every year, staff and Council engage in a budget process, where they look at revenues and expenses and set the budget.

This 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.