2024/2025 Multi-Year Budget
The 2024/2025 Multi-Year Business Plan and Budget will focus on investments to deliver the civic services and service levels, and programs and projects valued by the residents we serve.
- We remain committed to planning ahead and providing residents with greater certainty about the future direction of property tax.
- We keep Saskatoon residents at the forefront of our budget planning through investment decisions in the priorities, services and programs that matter most.
- We are focused on our long-term goal to manage the City in a smart, sustainable way through continuous improvement, pursuing innovation, finding efficiencies year-over- year, and a dedication to maximizing service value for tax dollars.
- We are dedicated to pursuing alternate revenue streams to reduce the reliance on property tax.
- We manage both risk and debt appropriately.
> Learn more about the demographic, development, economic, environmental, and social issues and trends in Saskatoon in the 2021 Strategic Trends report.
2024/2025 Multi-Year Business Plan and Budget Process
The 2024/2025 MYBB process will be made up of similar key steps undertaken for the previous two-year MYBB process as follows:
- The Administration will develop the cost to maintain existing services such as expenditure growth, inflation, and revenue estimates. This step is also used for administrative priorities such as the correction of base budgets and phase-in of funding plans.
- The Administration will provide a summary of the information from Step 1 to the Governance and Priorities Committee so that an indicative rate (property tax target) can be set by City Council.
- The Administration will use cross-divisional teams to discuss City Council’s strategic priorities and develop options to achieve these priorities.
- The Administration will present a list of Business Plan Options to City Council for prioritization. These prioritized options will form part of the reporting to City Council’s Business Plan and Budget Review.
In addition, at its January 25, 2023, regular meeting, City Council resolved in part:
“That a climate budget approach, as outlined in the report of the General Manager, Utilities and Environment dated January 10, 2023, be approved in principle for implementation during the 2024/2025 budget planning cycle”
To note, Administration has incorporated steps for the inclusion of a Climate Budget for the 2024/2025 MYBB.
2022/2023 Multi-Year Business Plan and Budget Documents
Property Assessment & Tax Tool
Interested in viewing how the municipal (City) portion of your 2023 property tax was invested in civic services? Slowly enter your street name (it will auto-fill 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.