2024-2025 City of Charlottetown Budget Information

2024-2025 City of Charlottetown Budget Information
Posted on 03/08/2024
Each year, the City undertakes its annual budget process to help plan for the services and programs residents and businesses rely on every day.

Residents and taxpayers are invited to engage in the following opportunities to learn about the upcoming budget:
March 11, 2024, at 4 p.m. Special Meeting of Council to discuss the Capital Budget.
March 13, 2024, at 5 p.m. Special Meeting of Council for the deliberation of the Operational and Capital budgets.
March 14, 2024, from 6 p.m. to 7:30 p.m.
Capital and Operational budgets informational Open House. Taxpayers will have the opportunity to speak to City staff and review the draft budget.
March 26, 2024, at 5 p.m. Special Meeting of Council; budget may be discussed if needed.
March 28, 2024, at 12 p.m. Special Meeting of Council for the final approval and adoption of the City’s Financial Plan for 2024-2025.

Council meetings can be livestreamed at charlottetown.ca/video to stay up to date on budget 2024-2025 info visit CharlottetownHall.ca or the City’s social media. For reference, the Operational Budget supports the day-to-day expenses of the municipality such as:
• Delivery of protective services
• Maintenance of water and sewer, parks and trails, roads and community facilities
• Events and tourism
• Utilities, wages and many other important services.

The Capital Budget funds infrastructure projects, including the renewal of existing assets, and helps us prepare for future growth. Examples of capital expenses may include:
• Infrastructure development, building and construction projects (e.g. new roads, sidewalks, multiuse paths and active transportation lanes)
• Park and greenspace improvements
• Fleet expansion and maintenance (e.g. purchasing new fire trucks and snowplows)