Rising to the Challenge
The 2018 Budget, rises to the fiscal challenges of a funding gap left by the 2017/2018 Provincial budget.
The 2018 Budget will support and maintain the great quality of life we have in Saskatoon.
We've been committed to carefully investing in our growing city and minimizing the property tax increase for 2018.
Learn more about our areas of commitment – and how we are rising to the challenge for 2018 through our gallery of 2018 Budget info graphs below.
Other governments implemented service reductions to address their financial pressures. In 2018, the City of Saskatoon has not adopted this approach. Civic Services Survey results show residents do not want service cuts to balance the budget.
The 2018 Budget rises to the challenge to address declining non-property tax revenues. Over half of the increase is due to Provincial funding impact.
The City’s 2018 Operating Budget proposes an annual expenditure increase 2.72% which is 0.68% below the estimated inflation, growth and service level expenditures. We’ve done this by controlling expenditures and finding efficiencies of $3.11M.
The City of Saskatoon derives its operating revenues from five different sources. Less than half comes from property taxation.
The 2018 Business Plan and Budget is investing in our infrastructure to sustain our city’s high quality of life.
The City pays 70% of its capital projects through reserves. Without these funds, the City would need to rely more heavily on debt and property tax payments or reduce the amount of capital work being completed.
Since 2014, the City has been investing in the Building Better Roads program and water/wastewater upgrades to sustain our city's high quality of life.