Inside the City budget

City Council reviewed and adopted the 2017 budget at a meeting on May 1. The 2017 final adjustments resulted in a tax requirement of 3.84 per cent.

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Every year presents its own budget challenges and difficult decisions. The City of Kelowna’s annual budget aims for a balance between setting a reasonable tax rate and delivering services expected by residents and businesses.

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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 15 years in a row.