Budget Information

Budget Information

The City of St. John's' annual budget is ratified by Council each year in December for the upcoming year. The budget outlines the City's projected revenues and expenditures for the fiscal year.

Budget 2019-2021
On December 10, 2018, the City of St. John’s released the details of Budget 2019, the first year in a three-year budget plan for 2019-2021.

“Revenues and expenditures are balanced at $304,677,022, up 2.4 per cent from 2018,” said Councillor Dave Lane, lead councillor for the City’s Finance and Administration portfolio. “Our goal is to provide high quality services and valuable programs in a fiscally responsible manner, and we are pleased that we are able to present a budget that anticipates no reduction in services in this fiscal year.”

To present a balanced budget for 2019, the mill rate for residential owners is 7.7; commercial property tax will be based on a mill rate of 26.1. Water taxes will increase by $25, from $580 in 2018 to $605 in 2019.

Key themes in Budget 2019 include sustainability, efficiency, continuous improvement, community connections and the economy.

“We commit to residents and property owners our promise to manage their tax dollars as effectively and efficiently as possible,” said Councillor Lane. “Recognizing that costs will continue to rise over the next two years of this three-year plan, we will work diligently to ensure that any increases in tax are minimized and services are maintained.”

Budget 2019

For previous year's budgets go to Publications and look under Budget.