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City of Vancouver 2017 Budget

2017 BUDGETAND FIVE-YEAR financial PLAN1 | P a g e 13 December 2016 Council Approved 2017 Budget and Five-Year financial plan At the December 13, 2016 Council Meeting, Vancouver City Council approved an amended 2017 Operating Budget which includes $ additional contingency to address the fentanyl overdose crisis. This has resulted in a change to the original proposed property tax increase from to , raising the 2017 Operating Budget to $1,322 million. Balanced Operating Budget : $1,322 million (amended for $ million increase) Consolidated Budget (1) on financial statement basis: Capital Budget : $ million (no change) $ millions2016 Restated Budget2017 Approved BudgetNetChange($)Net Change (%)Revenues1,261$ 1,322$ 61$ & Transfers1,261$ 1,322$ 61$ Operating Budget - - - - $ millions2016 Budget on financial Statement Basis (2) 2017 Budget on financial Statement Basis (2)NetChang

1 | P a g e 13 December 2016 Council Approved 2017 Budget and Five-Year Financial Plan At the December 13, 2016 Council Meeting, Vancouver City Council approved an amended 2017 Operating Budget

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