Budget & Financial Reports

2026 Preliminary Draft Budget

The City of Nelson’s Preliminary Draft Budget for 2026 will begin internal discussions later this Fall.  

To stay up to date with draft budget discussions when available, visit LetsTalk.Nelson.ca.

2025 Budget

Review the approved 2025 budget here:

To learn more about the Department Budget Presentations and Council discussions, follow the links below: 

More information on the 2025 Preliminary Draft Budget is available at LetsTalk.Nelson.ca.

2024 Budget 

Review the approved 2024 budget here:

To see the drafts, view the links below:

2023 Budget

Review the approved 2023 budget here:

To see the drafts, view the links below:

Budget Process

Each year Council and City staff work together to develop an annual budget. Municipalities in British Columbia are required by legislation to have a balanced budget. This means that no debt can be incurred to fund the basic operating expenditures. Debt can only be used to fund capital projects, such as buildings, road constructions, water, sewer, and drainage works.

The budget outlines how the monies that come into the City should be spent to maintain and improve the City. As the City is limited by the amount of resources available, the budget helps in determining those objectives with the highest priority and which will produce the greatest positive impact on the community.

Financial Reports

See the Related Documents section on the right for links to Budget documents, Annual Reports, and Statements of Financial Information.