The capital budget provides funding for the City’s major construction projects including building new facilities, improving our transit system, maintaining our roads and parks, and purchasing major equipment.
The operating budget provides money for running City departments and services. It pays for the day-to-day spending on employees and materials and supplies.
City Finance staff hosted two information sessions on the 2023 budget on October 13 and October 24. Recordings of the sessions are available on the City's YouTube site, and a copy of the presentation are now available. The meeting included an overview of the budget process and highlights of the executive capital and operating budgets.
Capital Budget
$376.5 Million
The 2023 Capital Investment Plan includes funding for 2023 and outlines future investments for 2024 - 2028.
Operating Budget
$382.3 Million
The Operating Budget total includes City operating expenses within the General and Library Funds.
