The SPVM deficit would have been greater had it not been for the financial assistance granted by the Minister of Public Security , François Bonnardel, to help the City of Montreal.
Spending could be higher next year, given police recruitment efforts. The management of the SPVM wishes to add a net 225 agents to its ranks by December 31, 2024.
The payroll, which counts for more of 90% of the SPVM's operational budget, will therefore increase considerably if the addition of so many police officers is confirmed.
2019: 620 million
2020: 636.9 million
2021: 655.5 million
2022: 699.6 million
2023: 755.2 million
2024: 784.3 million (projected)
Source : Budget 2024, City of Montreal
Despite this financial chasm, the City plans to increase the annual budget of the SPVM by 4.1% in 2024, which will represent an increase of $33.8 million.
This means that the annual operational budget will increase from 787.7 million in 2023 to 821.5 million in 2024.
- Pascal Robidas (View profile)