{
  "id": "capital-delivery",
  "category": "City finances",
  "title": "Capital work done compared with the plan, City of Victoria",
  "geography": "City of Victoria (municipality)",
  "scope": "city",
  "levels": [
    "City council (financial plan)"
  ],
  "plain_question": "Of the capital work (buildings, roads, pipes, equipment) the City planned for the year, how much did it carry out?",
  "value": 39.1,
  "display_value": "39%",
  "unit": "of planned capital spending carried out",
  "period": "Calendar year 2025",
  "period_start": "2025-01-01",
  "period_end": "2025-12-31",
  "comparison": {
    "previous_period": "Calendar year 2024",
    "previous_value": 50.4,
    "change_percent": -11.4,
    "change_unit": "percentage points"
  },
  "trend": "context",
  "trend_basis": "2025: $64,167,813 acquired against $164,272,000 in the financial plan (39.1%). 2024: $77,224,466 against $153,162,000 (50.4%), from the 2024 annual report.",
  "direction_good": "up",
  "right_direction": "Shown for context. Work can be delayed for good reasons, and a plan can be set high on purpose, so no direction is labelled.",
  "since_text": "Planned $164.3 million, done $64.2 million in 2025.",
  "caveats": [
    "Both figures are the line “Acquisition of tangible capital assets” in the City’s audited Statement of Change in Net Financial Assets: the Financial Plan column and the actual column.",
    "Capital work not done in the year is usually carried forward to later years.",
    "The 2025 report restates 2024 at $73,457,247; the 2024 report showed $77,224,466. Each year is read from its own report here."
  ],
  "charts": [],
  "series": [
    {
      "period": "2024",
      "value": 50.4
    },
    {
      "period": "2025",
      "value": 39.1
    }
  ],
  "derived_figures": [
    {
      "what": "Share 2025",
      "formula": "actual ÷ financial plan × 100",
      "inputs": {
        "Financial Plan": 164272000,
        "Actual": 64167813
      },
      "result": 39.1
    },
    {
      "what": "Share 2024",
      "formula": "actual ÷ financial plan × 100",
      "inputs": {
        "Financial Plan": 153162000,
        "Actual": 77224466
      },
      "result": 50.4
    }
  ],
  "refresh_frequency": "Yearly (audited report published mid-year)",
  "retrieved_at": "2026-11-12T03:45:55Z",
  "source": {
    "name": "City of Victoria, Annual Report 2025, Statement of Change in Net Financial Assets",
    "url": "https://www.victoria.ca/media/file/annual-report-2025",
    "dataset_url": "https://www.victoria.ca/media/file/annual-report-2025",
    "download_url": "https://www.victoria.ca/media/file/annual-report-2025",
    "locator": "Annual Report 2025, Statement of Change in Net Financial Assets, “Acquisition of tangible capital assets”",
    "publisher_page": "https://www.victoria.ca/city-government/corporate-strategic-plan/annual-report",
    "also": [
      {
        "name": "Annual Report 2024",
        "url": "https://www.victoria.ca/media/file/annual-report-2024"
      }
    ]
  },
  "licence": {
    "name": "Public data, not under an open licence. Used with attribution.",
    "url": "https://www.victoria.ca/legal-disclaimer",
    "open": false
  },
  "verified_text": [
    "Acquisition of tangible capital assets (164,272,000) (64,167,813) (73,457,247)",
    "Acquisition of tangible capital assets (153,162,000) (77,224,466) (105,205,048)"
  ],
  "data_published": "2026-07-17",
  "attribution": "Source: City of Victoria, Annual Report 2025, Statement of Change in Net Financial Assets. Public document, used with attribution; not endorsed by the publisher.",
  "licence_type": "public",
  "source_tier": 1,
  "measure_kind": "service result",
  "better_measure": null,
  "status_rule": {
    "rule": "One rule for every measure: a change smaller than 5% of the earlier value, or smaller than the agency's own margin of error, is “About the same”; no change is calculated across a marked break in a series; homelessness estimates, prices, staffing and comparison pages are shown for context without a label.",
    "reason": "Capital work can be delayed or re-planned for good reasons, so no direction is labelled.",
    "threshold_percent": 5.0
  },
  "changes": {
    "year": {
      "period": "Calendar year 2024",
      "value": 50.4,
      "text": "vs 2024: -11.3 points"
    },
    "five_year": null
  },
  "direction": {
    "type": "context",
    "rule": "Outcome measures read Better, Worse or About the same; published government targets read Ahead of, On or Behind target; value-judgement measures read Rising, Falling or Steady in a neutral colour. A change smaller than the agency's own margin of error, or otherwise smaller than 5% of the earlier value, is About the same (or Steady). No change is calculated across a marked break in a series.",
    "key": "falling",
    "label": "Falling",
    "arrow": "▼",
    "rel": -22.420634920634917,
    "delta": -11.299999999999997,
    "vs": "Calendar year 2024",
    "cur": "Calendar year 2025",
    "why": " The change is 22.4% of the earlier value, at or above the 5% threshold.",
    "change": "11.3 pt",
    "one_year": "−11.3 pt",
    "long_why": "The series starts in 2024, so there is no reading longer than one year yet."
  },
  "decided_by": [
    {
      "body": "COV",
      "name": "City of Victoria Council",
      "decides": "Adopts the financial plan by bylaw each year, then sets property tax rates by bylaw before May 15.",
      "laws": [
        {
          "key": "cc165",
          "label": "Community Charter, s. 165",
          "url": "https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/03026_06#section165"
        },
        {
          "key": "cc197",
          "label": "Community Charter, s. 197",
          "url": "https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/03026_07#section197"
        }
      ],
      "last": {
        "text": "Five Year Financial Plan Bylaw, 2026 (No. 26-040) and 2026 tax rates adopted May 7, 2026",
        "label": "Five Year Financial Plan Bylaw, 2026 (No. 26-040) and 2026 tax rates adopted May 7, 2026",
        "url": "https://engage.victoria.ca/2026budget"
      },
      "next": {
        "text": "2027 financial plan, then tax rate bylaw before May 15, 2027",
        "label": "Community Charter, s. 197",
        "url": "https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/03026_07#section197"
      }
    }
  ],
  "main_decision_maker": "City of Victoria Council"
}