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Financial Profile

Financial Position

Ville de Québec has a balanced budget based on responsible choices guided by an ambitious vision and improved services for its citizens.

2025 Budget

  • 2025 operating budget: $2,015.4 million
  • 2025˗2034 capital plan (including RTC): $9,289.8 million
  • Assets: $22.8 billion

2023 Financial Results

Every year, Québec reports its operating, capital investment and financing activities for the fiscal year ending December 31. This annual financial report includes a comparison between budget forecasts and financial results. The following financial results are not consolidated.

  • Operating revenue: $1,817.3 million
  • Operating expenditures: $1,772.9 million
  • Operating surplus: $46.2 million
  • Restricted operating surpluses, financial reserves and reserved funds: $447.8 million