Council has now adopted the 2022 capital and operating budgets which are part of the 2022-2026 Financial Plan.
Taxation and User Fees
- 4.35% increase in overall property taxes and 2.8% increase in business property taxes
- $50 water infrastructure replacement parcel tax increase
- 4.4% increase in the basic water rate; 6.4% increase in the annual sewer rate
Financial Plan Highlights
- $995,200 in COVID-19 Safe Restart grant funds to be used for ongoing COVID related expenditures, capital projects, grants to organizations, and revenue shortfalls
- $2.4 million for operating projects, including
- Scoter Trail signs initiative
- Subdivision Bylaw Review
- Official Community Plan Review
- FireSmart Program
- $10.9 million for capital projects, including
- Parks capital projects
- Storm Water upgrades
- Sidewalk and road improvements
- Bike lanes
- Replacement of water infrastructure
- Sewer capital projects
Property Tax notices are prepared after the financial plan and tax rate bylaws are adopted by Council. Read more about property tax on our Property Tax web page.
Each year, the District develops an annual budget outlining how tax dollars are invested to support our residents and the community. For the 2022 budget and financial plan, the District implemented an engagement plan to gather feedback on service levels and initiatives to support the budget development and decision-making processes. In addition to providing feedback opportunities, public engagement on the budget offered citizens an opportunity to learn about the budget process. Feedback is compiled and will be presented to Council during the budget process through an Engagement Summary.