2020/2021 Multi-Year Budget
City approved its first Multi-Year Business Plan and Budget for 2020 and 2021 last November 2019. City Council made several adjustments and adopted various options to minimize tax increases to ensure citizens would receive maximum benefits for their tax dollars invested for 2020 and 2021.
As part of the new budget process, City Council can revisit the prior approved budget in the second year so they may adapt, respond or adjust to the current or changing environment if needed.
Saskatoon City Council considered and made its final investment decisions on the Administration's proposed adjusted 2021 Budget December 2 and 3, 2020. Administration had proposed ways to absorb extra costs related to the pandemic without any increase to the previously approved property tax rate. News Release
Administrative Report: Proposed 2021 Adjusted Budget
Approved 2020/2021 Multi-Year Business Plan & Budget
The City's multi-year business plan and budget process has many benefits, including:
- improved financial stability, transparency and accountability over our investments and spending plan changes;
- more flexible allocation of our resources so we can accomplish more of our goals over time;
- greater certainty for residents about the future direction of property taxes in Saskatoon, and satisfaction of getting a high value for tax dollars;
- better alignment with funding from other orders of government, especially helpful in the planning of major infrastructure projects; and
- more planned public engagement opportunities to gather citizen feedback on the City's performance, satisfaction and future priorities and preferences when it comes to civic services.
Interested in viewing how the municipal (City) portion of your 2020 property tax is invested in civic services? Slowly enter your street name (it will autofill for you after the first few letters), and then enter your building number next in the Property Assessment & Tax Tool. Select the Tax Information Tab to view how your property tax is allocated to civic services.
Citizen input has always been an important part of our budget process, and in 2018 the City gathered public input through two surveys: the and the Civic Services Survey: Performance, Priorities & Preferences. Citizen feedback gathered through the 2018 surveys helped to inform City Council in the development of the 2020-2021 Budget. The next Civic Services Survey will be conducted in 2021.