Inside the City budget
Council deliberations took place Dec. 17, resulting in a 4.12 per cent tax increase.
Every year presents its own budget challenges and difficult decisions. This year's budget is about meeting previous years’ commitments and providing the resources or funding needed for maintenance or to keep up with growth.
Additionally, the City’s 2016 budget focuses on innovation, finding new ways to generate revenue/reduce costs and supporting core services; foundational support that may not be as visible as construction projects, but just as important. For more information and highlights, check out the 2016 budget page.
For more detail, check out the extended video.
Kelowna is one of the most fiscally responsible mid-sized cities in Canada, raising two-thirds of revenues from sources other than taxation. In our 2015 Citizen Survey, we heard that 84 per cent of residents say they receive good value for their taxes. And the City of Kelowna has been awarded the Government Finance Officers Association Award of Excellence 13 years in a row.
For more information about the City's budget, see the Document Centre, sign up for e-Subscribe updates direct to your inbox or contact:
Financial Planning Manager