The budget is the City’s plan for where we will get money (revenues) and how we will spend it (expenditures). It maps out how property tax dollars and other funding will be invested to provide the programs, services and construction projects Edmontonians rely on.

Every spring and fall, Council approves adjustments to our 4-year budget in response to significant changes.

Fall Budget Adjustment


On November 28, 2023, Council approved a 6.6% increase for 2024, 5.3% in 2025 and 4.7% in 2026.

The 2024 budget will maintain most of the 70 City services at current levels. Council also approved over $16 million in increases to services:

  • Operating the new Metro Line LRT to the new NAIT Station
  • Adding more bus service hours to improve public transit access and align to service standards
  • Increasing response on encampments and support for unsheltered Edmontonians
  • Expanding library service at Heritage Valley
  • Advancing the work on Edmonton's Anti-Racism Strategy and Truth and Reconciliation

Council approved a number of changes to reduce the tax increase, including leveraging an $8 million increase in the annual EPCOR dividend and finding another $9 million in savings and efficiencies.

Council also approved several capital adjustments, resulting in a $105 million increase to the capital budget. This is an increase to the approved $10.3 billion capital budget of less than 1%. The adjustments include:

  • $15.8 million to buy 20 new diesel buses
  • $22.9 million to deliver affordable housing projects and take advantage of available funding from other orders of government
  • $15.3 million for critical renewal projects, including technology and equipment such as cellular service in LRT tunnels and police equipment

The tax levy increase will affect property owner differently, depending on how their property's assessed value compares to the market. The City will send out 2024 property tax assessments in January.

Read more about the adjustment: City Council confirms fall budget adjustments