Following public engagement and presentations to Council, the District’s 2023-2027 Financial Plan has been finalized.
Over the course of the budget process, Council reduced the general tax increase from a proposed 5.9% down to 4.9%.
The impact of a 4.9% general tax increase on the average residence is about $73 for the year or about $6 a month. The 2023-2027 Financial Plan is centered around resilient financial management, strong asset management, healthy financial reserves, long-term investments, low debt, and minimizing the tax impact on our community during changing global financial challenges.
Thank you to everyone who took the time to participate in the budget’s development.
For the budget schedule, finance documents, and property tax info, please visit northsaanich.ca/budget.