City budget

Home > City Hall > Budget > City budget

Each year, Council sets the taxation requirement after reviewing the Financial Plan to determine which projects to fund and which projects to defer or cancel, balancing the community’s interest in maintaining existing levels of services while planning for significant infrastructure needs.  

The 2024 Financial Plan is a paradigm shift from traditional budgeting to service-based budgeting, which is organized by service area, rather than departments and divisions. Essentially, a service-based budget shows exactly what our government does, how much it costs to deliver the service, and what the tradeoffs are if other services are prioritized. 

Increased transparency, accountability, and fiscal agility are the pillars of this new budgeting process, which will result in effective action on the priorities of the community, even as they evolve and change. By presenting investments by service area, residents and council are able to gain a more holistic understanding of the outcomes, progress, and results achieved through funding. 

For Council this approach means better transparency, reporting, and communication of where tax dollars and other revenue sources are being spent and for what outcome, while residents are provided with a more complete understanding of exactly what services the municipal government provides, how much it costs to deliver each service, and what the tradeoffs are if other services are prioritized. 

The 2024 budget prioritizes:

  • An investment in Community Safety through additional and enhanced resourcing for RCMP, Bylaw & Fire 
  • Addressing Homelessness head on through the renewal of the Journey Home Strategy as well as investments in Community Programing and Social Development   
  • Keeping Kelowna moving by investing in more transit infrastructure and prioritizing sustainable transportation and shared mobility   
  • A focus on impacts of climate change by investing in proactive ways to tackle wildfire and flood mitigation, and providing financial incentives to residents and businesses that participate in renewable and efficiency programs 
  • Improve how citizens do business with the city through Digital Transformation strategies that leverage technology to create more access and efficiency for residents and businesses 

Based on the average value single-detached home in Kelowna, Council has approved a $112.74 increase (or $9.39 per month) to property taxes. The 4.75 per cent increase includes the addition of the one per cent public safety levy, which was introduced and endorsed by Council in the 2023 Financial Plan.

The City has been awarded the Government Finance Officers Association Distinguished Budget Presentation Award 22 years in a row. The award program was established to encourage and assist local governments to prepare budget documents of the very highest quality.

Read the 2024 Financial Plan Subscribe to Budget e-updates 

Inside the 2024 Budget

2024 budget highlights

The 2024 budget is a shift from traditional budgeting to service-based budgeting, which provides greater clarity of services offered to the community and their associated costs. The new approach not only facilitates more thoughtful discussion and review of service levels, but also gives Council a better understanding of how, where and when the City can redeploy finite resources to areas of need.

Based on the average value single-detached home in Kelowna, Council has approved a $112.74 increase to property taxes. The 4.75 per cent increase – or $9.39 per month – includes the continuation of a one-per-cent public safety levy to fund the addition of sixteen new RCMP members (5 out of 16 members are funded through the public safety levy), six firefighters (4 out of 6 firefighters are funded through the public safety levy) and six bylaw positions (2 out of 6 positions are funded through the public safety levy).

Kelowna’s 2024 property tax increase remains well below the average increase being considered throughout the province . Unlike higher levels of government, the City has a legal obligation to not run a deficit. Maintaining its financial health is prioritized through a corporate priority of Active Financial Management. The 2024 Budget maintains the City’s commitment to keep the tax rate as low as possible by ensuring expenditures and revenues are closely aligned.

The total 2024 preliminary budget is $562.7 million. Of that, the gross taxation demand is $190 million. Once budget carryovers are approved, and the financial plan is finalized in April, only approximately 25 per cent of the City’s 2024 operating and capital costs will come from annual taxation. This is in-line with the City’s commitment to seeking own source revenues and partnerships to fund services, reducing the burden on taxpayers. Other revenue sources include reserves, grants, and income from user fees including those from self-funding business units such as, Kelowna International Airport, the City’s water and wastewater utilities and solid waste operations.

Development Cost Charge revenue for 2024 will total to $34.9 million and will fund over 30 key infrastructure projects to accommodate growth.

Public safety continues to be a top priority for the City and residents. In addition to new 2024 investments, which support public safety resources to keep up with pace and growth, this service area continues to be the City’s largest investment at 35% of the general operating budget.

To keep up with growth and development, the City is investing $20.2 million in transportation infrastructure projects, including $4.7 million in enhancing, maintaining, and expanding active transportation networks; $1 million to commence transportation upgrades in preparation of the redevelopment of the Parkinson Recreation Centre Park and $3.9 million for the rail trail to greenway expansion.

Key investments also include the commencement of some of the most ambitious capital and infrastructure projects to date, such as the Building a Stronger Kelowna suite of recreational facilities, which will see capital investments of over $14.3 million this coming year.

Council’s priority of addressing Homelessness will see creation of a new social services function with an investment of $700,000, while funding has also been approved to craft a comprehensive five-year housing strategy to create actionable activities to diversify housing forms for current and future residents.

To help combat the growing impacts of climate change, the approved 2024 Financial Plan will provide capital investments that total to over $8.9 million to implement proactive initiatives to tackle wildfire and flood mitigation. An additional $400,000 will be used to introduce a new financial incentive program to residents and businesses that participate in renewable and efficiency programs. 

Carryover requests will be presented to Council in March and the final tax demand will be decided by Council in April 2024.

2024 budget documents

Learn more about the City budget, through documents, including local media releases, reports presented to Council, budget newspaper columns and links to plans that influence the budget process and decision making. Previous budgets are also available for review.

News Releases:

Reports to Council:

Where the money goes

Kelowna is a vibrant, growing city where your tax dollars help create an active, inclusive and safe community, strong economy, clean and healthy environment, and resilient, well-managed infrastructure. It has become a place where 90 per cent of residents say their quality of life in Kelowna is good or very good and 75 per cent say they receive good value for their taxes (2022 Citizen Survey).   

What your tax dollars pay for

Over the last five years, on average, a quarter of the City's funding has come from property taxes. The majority (approximately 75 per cent) of City funding comes from other sources such as reserves & surplus, fees & charges and borrowing.  

Learn more about the City's budget by watching this video: 

Where the money comes from

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

Kelowna is one of the most fiscally responsible mid-sized cities in Canada, raising approximately three quarter of revenues from sources other than taxation. In our 2022 Citizen Survey, we heard that 75 per cent of residents say they receive very/fairly good value for their municipal tax dollars, and 80 per cent continue to say they’re satisfied with the overall quality of services provided by the City. 

Overview of City revenue sources

The City of Kelowna raises revenues through: 

Municipal funds

The City’s resources and operations are separated into various funds. The use of these funds is restricted by the Community Charter and associated municipal bylaws. 

General fund 

  • The City's largest fund that covers all municipal operations (aside from the utilities and airport funds) 
  • Not allowed to operate at a deficit 

Water fund 

  • Operates the water utility within specific areas of the City not served by water districts 
  • Revenues within this fund, or prior years’ surplus, must be sufficient to cover all operating and capital costs of this utility on an annual basis 

Wastewater fund 

  • Carries out the capital construction, operation and maintenance of wastewater treatment including sewer mains, lift stations and treatment facilities 
  • Revenues generated in this fund, or prior years’ surplus, must be sufficient to offset all operating and capital costs of this utility on an annual basis 

Airport fund 

  • Operates the Kelowna International Airport 
  • Responsible for capital construction and ongoing administration, operation and maintenance 
  • This fund is required to be self-sufficient so that revenues generated must offset all operating and capital expenditures 

Land sales reserve fund 

  • Sales proceeds from all properties disposed of by the City are required to be placed in this reserve fund 
  • Council may, by bylaw, use this fund to purchase land for general municipal or utility purposes 

Parking reserve fund 

  • Provide funds to purchase land for parking lots, develop on-street parking and to construct parking lots or parkade
  • The General Fund appropriates net revenues from the operations of parking lots, parkades and parking meters to the Parking Reserve Fund  

Capital works, machinery and equipment reserve fund 

  • Provide funds for such items as the purchase of replacement equipment, retirement of capital debt and replacement of cemetery property 
  • Revenue for this reserve is provided from various sources within the General and Utilities funds 
  • We also maintain reserves for future expenditures. In the financial planthe use of these reserves for future expenditures is shown under Accumulated Surplus for either revenues or expenditures. 

Deferred development cost charges 

  • Collected to provide funding for required expansion of roads, drainage works, water works, sewer works, parkland acquisition and wastewater treatment facilities resulting from new development 
  • Funds collected may only be used for the specific purpose and in the specific area for which they were collected 
Reserves, grants & other revenue

Reserves 

Maintenance of adequate levels of reserves and surplus continues to play a significant role in achieving a level of financial stability for Kelowna taxpayers. The City maintains Reserve Funds and General Reserves in order to protect the current and future financial viability of the municipality. Reserve funds are statutory reserves that represent funds that have been put aside, or reserved, for specific purposes. General reserves are reserves that may be used for future operating or capital expenditures.  

Reserves are regularly used to ensure that existing City equipment and infrastructure can be maintained and to ensure that unusual or unforeseen operating conditions can be met without the need for extraordinary tax increases. 

Grants 

The City of Kelowna actively pursues alternative revenue through grants. The City receives funds from the Federal and Provincial governments, research institutions, and other organizations. Grants an example of all levels of government working together to continue adding critical infrastructure and programs to our community. Securing external funding sources supports Council and community priorities and positions the City as a leader in responsible fiscal management. 

An example includes the unprecedented $44 million senior government grant received in 2017 to support the City’s Integrated Water Project, which brought clean drinking water to approximately 2,000 households in Southeast Kelowna. In 2021, the City was successful in receiving grants valued at $20 million dollars, which support the City in maintaining adequate levels of reserves, surplus and financial stability for Kelowna taxpayers.   

Other revenue sources 

Public/Private Sector Partnerships 

To provide the services its residents want, Kelowna has nurtured many partnerships with individuals, community groups and private-sector companies. The City of Kelowna has an award-winning, economically-innovative team of professionals who have launched a number of differing partnering projects to help provide community facilities, programs and services without increasing general taxation. 

Major recreational/cultural facilities are budgeted with substantial emphasis on funding from public/private sector partnerships (P3). P3s are effective tools to cost-effective service delivery structures. 
  
The City entered into a public/private partnership for: 

  • Prospera Place 
  • Capital News Centre 

The Kelowna Family Y is an example of a public/not-profit partnership. 

Municipal Finance Authority 

The City of Kelowna benefits from access to capital financing from the Municipal Finance Authority of BC. With triple-A credit ratings, the Authority has the ability to attract capital investments and make funds available to local governments at interest rates that are the lowest in Canada for municipal issuers. Since the Authority's credit rating exceeds those of chartered banks, its rates of borrowing are below those offered by these banks. 

The City has accessed low-rate loans to fund: 

Creating the budget

Every year City Council, the City Manager and City staff work together to develop an annual budget. The budget serves as an outline for how money that comes into the City should be spent to maintain and improve the city.  

As the City is limited by the amount of resources available, the budget helps in determining which objectives have the highest priority and will produce the greatest positive impact in the community.  

Plans that influence the budget

The budget process, and the decisions that must be made on how to best lead the development of a safe, vibrant and sustainable city, are supported by the following plans: 

Official Community Plan

Built with resident input, provides a policy framework for housing, transportation, infrastructure, parks, economic development and the natural and social environment. 

Learn more

2030 Infrastructure Plan & 10-Year Capital Plan

Covers the City’s infrastructure investment of $1 billion up to 2030 to replace existing infrastructure demands as the city grows. 

Imagine Kelowna

vision created by our community, for our community.

Budget timeline
Annual Funding Cycle

Budget funding cycle graph

2024 Budget Calendar

Date/Time 

Milestones 

Oct. 10-12, 2023 

City Manager meets with each department to review and prioritize operating and capital requests

Dec. 4, 2023

Council receives overview presentation of the 2024 budget 

Dec. 7, 2023 

Council reviews and adopts of the 2024 preliminary budget volume

March 20, 2024 TBC

Council reviews and adopts carryover projects from 2023

April 24, 2024 TBC 

Council reviews and adopts final budget requests, property tax rates and the 5-year Financial Plan  

Previous budgets 

Each year, we build a budget that balances setting a reasonable tax rate and delivering services expected by residents and businesses. Take a look inside previous years' budgets and read past Financial Plans.

2023 Budget

Approved final budget targets citizen priorities 

Kelowna City Council approved the 2023 final budget at an all-day public meeting, on Monday, April 24th in Council Chambers.  Residents can find a replay of the deliberations at kelowna.ca/council. 

Between 2016 and 2021, Kelowna’s population increased 13.5 per cent, making it the fastest growing city in B.C. with the third-fastest growing downtown in Canada. Based on the average home price for similar cities in B.C., Kelowna property taxes are expected to remain in the mid-range. 

“The preliminary budget prioritizes financial prudence amid inflation pressures to keep the tax demand increase as low as possible,” said City Manager Doug Gilchrist. “Public feedback through engagement projects, the bi-annual citizen survey, daily correspondence to Mayor and Council and what we heard through the election – it all plays an integral part in prioritizing budget submissions.”  

Overall, priorities in the 2023 preliminary budget focus on these key areas:  

Financial prudence amid inflation to keep the tax demand increase as low as possible  

Protecting existing infrastructure and planning for a city of the future  

Community safety to reduce risk, vulnerability and harm in the community  

Social wellness to address challenges related to homelessness and affordable housing   

Transportation, with a focus on active and alternative modes to help keep Kelowna moving, now and into the future  

Digital transformation to improve operational efficiency, safeguard information, and make doing business with the City faster and easier  

Protecting Kelowna’s natural environment and addressing climate action through the reduction of greenhouse gas emissions.  

The overall tax demand increase resulted in a $86.42 increase (or $7.20 per month) for a single-detached home in Kelowna with an average value determined by BC Assessment.  The 3.78 per cent increase includes the introduction of a one per cent public safety levy, indexed to the greater of growth and inflation or one per cent of the previous years’ taxation demand. 

The public safety levy will "provide a dedicated and predictable ongoing funding source for one of our highest community priorities and will allow for improved financial planning and forecasting for the future,” said Gilchrist. 

The City generates approximately 75 per cent of the total annual revenue through sources other than yearly property taxation. The majority of revenue used to fund city operations comes from sources such as user fees and charges, reserves, surpluses and grants.  

Learn about the priority asks, the challenges, and how the city budget affects your quality of life.

2022 Budget

Kelowna Well Positioned for Growth and Stability

Kelowna City Council approved the final 2022 Financial Plan on Monday, April 25 where an overall tax demand increase of 3.94 per cent was set.

A 3.94 per cent increase translates to an additional $86.47 per year, or $7.20 a month, for the City portion on an average residential property tax bill in Kelowna. City taxes are only one portion of a property tax bill, which also includes other levies the City collects on behalf of the Province, the Regional District of Central Okanagan, Okanagan Library, and BC Assessment Authority.

“Our financial decisions are guided by a strong Imagine Kelowna vision, sound master plans and well-defined council priorities,” said City Manager Doug Gilchrist. “Resilient financial management, a robust development sector and extensive grant programs have helped us create stability and minimize the tax impact on our citizens amid the complex financial challenges facing local governments. The City will continue to advocate for a new financial relationship with the Province for more predictable and reliable funding in order to address increasing financial pressures.”

The City’s gross tax demand is $167.1 million. General municipal taxation in 2022 will account for approximately 25 per cent of the City’s operational revenues. Additional funding sources for the 2022 Financial plan include grants, reserves and user fees. In 2021, the City was awarded 16 grants with a total value of $20 million. This included, from the Government of Canada and the Province of BC, a $9-million Investing in Canada Infrastructure Environmental Quality Grant for the Kelowna septic system elimination and sewer connection project; a $3.2-million Strengthening Communities’ Services Program Grant for the City’s Outdoor Sheltering Strategy, and a $2.4-million Investing in Canada Infrastructure COVID-19 Resilience Infrastructure Grant for the Rutland to Okanagan Rail Trail Active Transportation Corridor.

In 2022, $35 million will be invested in water, wastewater and stormwater protection projects. An additional $31.1 million will be invested in parks and public spaces infrastructure projects. At 31% of the total budget, community safety represents the largest operating investment. With the addition of 17 public safety related positions, including 11 new RCMP officers for a proposed $2.7 million investment once annualized in 2024. Other priorities include advancing the City’s energy and environmental initiatives that address climate change with low-carbon initiatives, including continued investment in active transportation corridors, alternative modes of transportation, additional vehicle charging stations and GHG emissions software.

Each year, Council sets the taxation requirement after reviewing the Financial Plan to determine which projects to fund and which projects to defer or cancel, balancing the community’s interest in maintaining existing levels of services while planning for significant infrastructure needs.

“Investments we make today will set the foundation toward building a strong future for our rapidly growing community,” said Kevin Hughes, Manager, Corporate Financial Planning. “While we work on building a city of the future, we will also need to be flexible and nimble with our decision making to effectively navigate changing economic factors including rising inflation, interest rate pressures, labour shortages and supply chain challenges.”

2021 Budget

Kelowna City Council approved the final 2021 Financial Plan on Monday, April 26. An overall tax demand increase of 4.04 per cent was set. 

A 4.04 per cent increase means an $85 increase, or approximately $7 per month, for the City portion on an average residential property tax bill in Kelowna. City taxes are only one portion of a property tax bill, which also includes other amounts the City collects on behalf of the Province, the Regional District, school and library levies.

“The 2021 final budget promotes stability, ongoing responsible fiscal management and maintains continuity in providing the essential services that our residents expect from us while making sure we are well positioned for recovery and growth,” said Kevin Hughes, Manager, Corporate Financial Planning. “The projects and initiatives funded through the budget are a reflection of how we are taking action to advance the community’s Imagine Kelowna vision and deliver on Council’s priorities while we continue to navigate outcomes of the pandemic.”

The City’s gross tax demand budget is $157.7 million. General municipal taxation in 2021 will account for 28 per cent of the City’s total revenue. As a financially resourceful municipality, the City’s other revenue sources includes grants, reserves and user fees. In the 2020 Citizen Survey, 79 per cent of residents shared they receive good value for their municipal tax dollars and the majority, 91 per cent, say they are satisfied with the overall level and quality of services provided by the City.

The City received $7.9 million as a Safe Restart Grant from the federal and provincial government in 2020. “The pandemic has had a significant effect on revenues from gaming, development, not to mention on one of our most significant economic drivers, the Kelowna International Airport,” said Hughes. “As a result, we allocated much of the stimulus dollars received in 2020 to these areas; $2.5 million for 2020 and the remaining in 2021.”

The Kelowna Regional Transit System also received a Safe Restart Grant for $7.3 million in late 2020. The City’s portion of this grant is $5.9 million with the balance distributed amongst the regional transit partners. These funds will help cover the costs of lost revenue and additional expenses to improve safety and comfort for transit staff and customers.  

Each year, Council sets the taxation requirement after reviewing the Financial Plan to determine which projects to fund and which projects to defer or cancel, balancing the community’s interest in maintaining existing levels of services while planning for significant infrastructure needs. This year, Council had the added challenge of considering the economic fallouts from the COVID-19 health crisis while adopting a budget that balances setting a reasonable tax rate and delivering services expected by residents and businesses.

For 19 years, the City has received the annual Distinguished Budget Presentation Award, and most recently for the 2020 Budget. Presented by the Government Finance Officers Association, the award recognizes the City’s achievement in meeting the highest principles of governmental budgeting.   Residents will receive their property tax notices in late May. Property taxes are due by July 2 and there is a legislated, non-discretionary penalty of 10 per cent for late payments. Property owners are reminded that the Home Owner Grant program is now provided through the Province of BC. To apply for a retroactive or new grant visit www.gov.bc.ca/homeownergrant.  

For more information, review the 2021 Financial Plan that includes Council's changes to Preliminary - volume 1 on Dec. 10, 2020, and the Carryover - volume 2 document reviewed and adopted by Council on March 22, 2021. Final budget was presented to Council for review/adoption on April 26, 2021.

2020 Budget

 

 

 

 

On May 4, 2020, Council endorsed the 2020 final budget with an overall tax increase of 2.05 per cent. In recognition of the financial challenges presented to many residents as a result of the COVID-19 health crisis, the City is cutting the provisional tax rate increase in half, reducing it to 2.05 percent from 4.15 percent. Read our news release for more information on the tax increase cut.

 

The COVID-19 pandemic has created complex challenges for families, businesses and many other organizations in the community, including the City. The 2020 Financial Plan is one of several financial strategies being used by the City to help manage the impact of this pandemic. Through the final budget, we have re-aligned the 2020 Financial Plan to reduce the taxation demand to accommodate a significant loss of revenues, while still maintaining essential services and continued investment in important projects.   

The 2020 final adjustments result in a tax decrease of 2.1 per cent from the Provisional Budget tax requirement of 4.15 per cent. A 2.05 per cent increase means an $43 increase, or $3.58 per month, for the City portion on an average single-detached home tax bill in Kelowna. 

The 2020 budget continues to demonstrate the ways we’re taking action to advance the community’s Imagine Kelowna vision and deliver on Council’s priorities. The 2020 budget prioritizes: 

  • Improvements to public safety with $1.4 million in resources investments to start making a difference. These include the addition of 11 new RCMP officers and 14 civilian support staff. 
  • Building vibrant neighbourhoods by advancing park developments with a $22.3 million investment for parks acquisition, development and improvements. This includes funding from the new Parks Development Cost Charges program, which will see the acceleration of park developments residents have been anticipating, such as the Phase 1 of the Pandosy Waterfront Park. 
  • Bolstering economic resiliency by planning for a better Kelowna International Airport with the budget’s largest investment request: $67.3 million. The Airport plays an important role in our city and regional economy. As YLW is self-funded through user fees and charges, it has no taxation impact. 
  • Ensuring a socially responsible and inclusive community by investing to support programs and initiatives to continue to help address complex social issues. This includes $200,000 in funding to review housing for those with complex needs and for exploring optimization solutions of shelter services locations. 
  • Improving transportation alternatives with $11 million in transportation projects planned for 2020: the Lakeshore Road bridge over Bellevue Creek will be rehabilitated, the Ethel Street Active Transportation Corridor (ATC) will be extended to Raymer Road and construction of the Houghton ATC in Rutland will commence. Our $3.7 million annual road resurfacing program is also included.
  • Demonstrating our commitment to environmental protection. We need to be proactive against the impacts of climate change. The budget includes $2.8 million in storm drainage upgrades and improvements and the addition of eight new electric vehicle charging stations downtown.

For more information, review the 2020 Financial Plan that includes Council's changes to Provisional - volume 1 on Dec. 12, 2019, and the Carryover - volume 2 document reviewed and adopted by Council on March 23, 2020. Final budget was presented to Council for review/adoption on May 4, 2020. 

2019 Budget

2019 Financial Plan

 

 

 

 

Kelowna City Council approved the final 2019 Financial Plan on April 29, 2019. An overall tax demand increase of 4.1 per cent was set, which includes revising the infrastructure levy to 2.27 per cent and 1.83 per cent for the municipal tax demand. 

The combined 4.1 per cent increase means the owner of a single-family home with an average assessed value of $684,450 in Kelowna will pay $2,072 in municipal taxes, an annual increase of $81.49 (or $6.79 per month or $1.56 a week). 

Twenty-one new budget requests are included in final budget for emergent issues and to address demonstrated needs in the community. 

“New construction revenue netted out higher than initially estimated last December which enabled the reduction of the total taxation demand by 0.33 per cent from what Council initially approved at Provisional budget,” said George King, Financial Planning Manager. “This allowed us to look at ways to adjust the financial plan so that more could be contributed to offset our infrastructure deficit for the long-term sustainability and growth of our city, while still providing good value to residents for their tax dollars.” 

In addition to urgently needed repairs such as the ramp heaters at Chapman Parkade and dredging at the Cook Road boat launch, Final Budget items also reflect ongoing commitments to addressing social issues and crime: two top-of-mind issues for citizens as noted in the most recent Citizen Survey. 

Investments in safety include the addition of an RCMP officer to participate in the Kelowna Outreach and Support Tablebringing the total new officers added in 2019 to seven. Increased street lighting in the Agassiz Road area and more security services at City facilities, parks and public spaces will also be added. 

A commitment to develop a social policy framework and to pilot a Lived Experience Peer Employment program will continue to help address the complexities of social issues. These build on earlier commitments made at Provisional Budget including land acquisition funding for affordable housing partnership opportunities. 

The City’s net 2019 operating budget is $142.5 million. General municipal taxation accounts for 24 per cent of the City’s total revenue. In the most recent 2018 Citizen Survey, 79 per cent of residents said they receive good value for their taxes. As a financially resourceful municipality, the City’s other revenue sources includes grants, reserves and user fees. 

Council sets the taxation requirement after reviewing the Financial Plan to determine which projects to fund and which projects to defer or cancel, balancing the community’s interest in maintaining existing levels of services while planning for significant infrastructure needs. 

For 17 years, the City has received the annual Distinguished Budget Presentation Award, and most recently for the 2018 Budget. Presented by the Government Finance Officers Association, the award recognizes the City’s achievement in meeting the highest principles of governmental budgeting. 

Residents will receive their property tax notices in late May. The bill also includes amounts for other taxing authorities, including the Province, the Regional District and the Library. 

For more information, review the 2019 Financial Plan that includes Council's changes to Provisional - volume 1 on Dec. 13, 2018, and the Carryover - volume 2 document reviewed and adopted by Council on March 18, 2019. Final budget was presented to Council for review/adoption on April 29, 2019.