Budget 2025
The City of New Westminster's is currently preparing the financial plan for 2025 to 2029 building on the strong foundation established in previous years. The budget development process for 2025 will reflect our commitment to financial sustainability, community engagement, and Council’s strategic priorities, while addressing the evolving needs of our diverse population.
In crafting the budget for 2025, the City will remain guided by the principles of financial health and sustainability. Our approach will integrate key priorities outlined by City Council, including advancing our climate action goals, enhancing public services, and promoting equity and inclusion across all city operations. The success of these initiatives relies on maintaining robust infrastructure, effective public safety measures and community services.
Building on efforts from prior years, the City will continue to seek comprehensive community input to shape the upcoming budget. The City will facilitate various opportunities for residents and businesses to provide input in the budget process. Your feedback is crucial as it helps us align budgetary decisions with the needs and expectations of all New Westminster residents and business owners/operators.
A significant focus for Budget 2025 will be addressing the ongoing impacts of inflation, managing growth, and ensuring that our services and infrastructure evolve in tandem with the city’s development. We will also examine new funding opportunities, including potential grants and partnerships, to support our capital projects and operational needs.
All residents and business owners/operators are encouraged to participate in the budget process, as every contribution helps to ensure that the financial plan effectively supports our shared vision for a thriving and sustainable community. Community input will continue to play a key role in shaping a budget that reflects the values and priorities of our diverse city.
Stay tuned for more details on how you can get involved and make your voice heard as we work together to build a strong financial future for New Westminster.
Budget Survey
The City has commissioned Ipsos, a professional public opinion research company, to conduct a survey for 2025 budget. Letters have been mailed to 10,000 randomly selected residential addresses and all available New Westminster-based business addresses with an invitation to provide input on important community City services and priorities for investment. The results of the survey will help guide the preparation of future City budgets.
Residents and businesses that did not receive a letter still have an opportunity to participate in providing feedback via an online survey, open now until September 2. Staff will be available to assist residents in completing the survey (or provide a paper copy) as per the schedule below:
- Century House
- August 26, 10:00 am - 2:00 pm
- City Hall
- August 20 - 30, Monday to Friday, 8:30 am - 4:30 pm
- təməsew̓txʷ Aquatic and Community Centre:
- August 21, 4:00 - 8:00 pm
- August 30, 8:00 am - 12:00 pm
- Queensborough Community Centre
- August 23, 8:00 am - 12:00 pm
- August 28, 4:00 - 8:00 pm
Budget 2025 Timeline
March 2024 - City's 2024 Budget adopted
August-September, 2024 - Budget 2025 Community survey
October 2024 - Community survey reporting -
October 2024 - November 2024 - Workshops with Council - Open to the public!
December 2024 – January 2025 - Proposed 2025-2029 Financial Plan released with opportunity for public comments
December 2024 – January 2025 - 2025 Budget and Five-Year Financial Plan Bylaw: Three Readings
To Be Determined - Adoption of 2025 Budget and Five-Year Financial Plan Bylaw