City releases proposed 2027-2030 Budget |
November 2, 2026
The City of Edmonton has released the proposed 2027-2030 budget, which includes the capital, operating and climate budgets. City Council will consider and finalize the budget over the next seven weeks.
The proposed budget outlines City Administration’s plan for the services and capital projects it will deliver to Edmontonians over the next four years. It took more than a year to develop the proposed budget, a rigorous process involving public engagement, direction from Council, analysis of the economy and the City’s financial position and strategic prioritization of services and construction projects. The result is a proposal that focuses on maintaining the services Edmontonians need, renewing existing infrastructure and completing current construction projects.
“The budget is a story about where Edmonton is heading and how we build a strong foundation for the next stage of our growth, balancing critical renewal of our existing infrastructure with strategic investments. This budget reflects City Council’s key priorities of economic development, growth management, quality services and safety. Edmontonians deserve a city that is thoughtful, responsible and well-managed, and that commitment guides what we do and where we invest,” said Eddie Robar, City Manager. “This proposed budget lays a strong foundation as Edmonton grows toward a population of two million and provides a roadmap for how we can deliver reliable services and build a sustainable, welcoming city."
The City’s $4 billion operating budget is focused on delivering the services that over 1.2 million people need every day, including fire rescue, parks, police, recreation, roads and transit. The recommended annual budget increases help the City keep up inflation and population growth, and make some strategic increases to services that are most important to people.
“We are making decisions with the knowledge and understanding that Edmontonians are worried about their own finances,” said Stacey Padbury, Chief Financial Officer and Deputy City Manager, Financial Services. ”The proposed budget responds to these challenges by finding a balance between delivering quality services and construction projects while limiting tax and fee increases. We landed on recommendations that maintain existing services, with enhancements in a few key areas.”
The City’s proposed $6.3 billion capital budget includes $3 billion in previously approved projects, including the Capital Line and Valley Line West LRT extensions, the Yellowhead Trail freeway conversion, upgrades to Terwillegar Drive and the mistahaya wîkihk Community Recreation Centre in Lewis Farms. Many of these projects are set to open to the public during this budget cycle. The recommended $3.3 billion in new funding prioritizes maintaining the City’s existing infrastructure, with $2.3 billion in new renewal projects. This includes advancing neighbourhood renewal projects, rehabilitating and repaving the bridges and major roads that need it most, and replacing old City buses, vehicles and other equipment needed for effective service delivery.
“We heard from Edmontonians that finishing current construction projects and maintaining aging infrastructure were among their top priorities,” said Sara Nichols, Deputy City Manager, Infrastructure Services. ”Construction is either well underway or nearing completion on several important projects, and this budget will help see those projects through. We are focusing the City’s limited dollars on fixing the roads, bridges, buildings and other infrastructure that need it most.”
The proposed budget means that Edmontonians would pay about $68 per month in property taxes for every $100,000 of their assessed home value in 2027. This is an increase of $3.58 per month compared to 2026. As a result of these increases, the median Edmonton household, assessed at $492,500, can expect to pay $335.39 per month in 2027. This is an early estimate to give people a sense of what to expect.
The proposed 2027-2030 Budget will be presented to Council on November 23. The City has expanded and renamed its carbon budget to climate budget to track emissions and climate adaptation while monitoring progress towards Edmonton’s climate goals. Utilities budgets, including Waste Services, Blatchford Renewable Energy and Downtown District Energy, will be released November 12 and presented to the Utility Committee on November 26. More details of the proposed operating, capital and climate budgets are available in the Budget Facts attachment.
Edmontonians will have an opportunity to speak at a non-statutory public hearing on November 23. Registration to request to speak is now open on edmonton.ca/Meetings.
Council will discuss and finalize the budget from November 24 to December 18. Edmontonians can view the City’s proposed budgets and learn more about the budget process by visiting edmonton.ca/Budget. |
For more information:
Media contact:
Mel Garcia
Communications Advisor
Financial Services
780-686-2641
|
City of Edmonton Edmonton Tower, 10111 104 Avenue, Edmonton, T5J 0J4 Unsubscribe |
|
|
|
