Budget

2022/23 Municipal Budget

On April 12, 2022, Regional Council approved the 2022/23 municipal budget of $1.1 billion – including $925.7 million in municipal expenditures and $180.2 million in provincial mandatory contributions – as well as a capital plan of $318.9 million. 

The average residential and commercial property tax bill is increasing by 4.6 per cent. This means the average single-family home tax bill will increase by $94 in 2022/23 to $2,144. The average commercial property tax bill will increase by $1,989 in 2022/23 to $45,395.

Of the 4.6 per cent increase, 3.0 per cent goes towards the Climate Action Tax which will directly support HalifACT – the municipality’s long-term climate action plan. The Climate Action Tax will fund projects such as electric vehicles and buses, net-zero buildings, installing public electric vehicle chargers, and taking actions to improve the resiliency of communities and infrastructure against the impacts of climate change – which range from flood mitigation and stormwater management to food security and emergency preparedness. To learn more about HalifACT, watch a one-minute video here, read the plan or visit halifax.ca/climate.

The remaining 1.6 per cent increase will fund ongoing operations, public safety, maintenance and service improvements – such as the provincial road transfer – as well as strategic capital investments. 

Read the news release

Budget Overview

Summary of the 2022-23 budget highlights.

 

The 2022/23 municipal capital plan has $10 million in approved spending toward the HalifACT Climate Action Plan for this fiscal year. View a breakdown of how these budgeted dollars will be invested in 2022/23.

 

 

 

 

2022/23 Business and Budget Plan

The Business and Budget Plan outlines all the expenditures associated with servicing the municipality. This includes day-to-day municipal operations (e.g. transit, police, fire, garbage collection, snow clearing, staffing costs), capital priority initiatives approved by Regional Council (e.g. HalifACT, Cogswell District project, Integrated Mobility Plan, Moving Forward Together Plan), as well as capital projects and investments to purchase, construct, rehabilitate and replace municipal assets such as buildings, roads, active transportation, parks and bridges.

The plan was approved by the Budget Committee on April 12, 2022.

View the document

 

 

 

 

 

 

 

 

 

 

2022/23 Capital Plan

The Capital Plan outlines the planned capital projects over a four-year period. This plan was approved by the Budget Committee on December 17, 2021.

View the document.

 

2022/23 Fiscal Framework

The Fiscal Framework is presented annually to Regional Council with recommendations for tax modifications to accommodate changing operational costs, capital investments, as well as debt and reserve changes including funding for current and new strategic initiatives. The framework sets the broad, opening strategy for developing the initial municipal budget. 

Learn more about the Fiscal Framework here

Common questions

View frequently asked budget-related questions here.

Other resources

Review past budgets and business plans

See a full list of strategic initiatives aligned with Regional Council and administrative priorities and outcomes.

Learn more about the 2021-25 Strategic Priorities Plan.

2021-25 Strategic Priorities Plan 

View the document.