The City of White Rock’s Finance and Audit Committee has moved forward a 2021-2025 financial plan that includes a proposed 4.28 per cent tax rate increase for 2021. (file photo)

The City of White Rock’s Finance and Audit Committee has moved forward a 2021-2025 financial plan that includes a proposed 4.28 per cent tax rate increase for 2021. (file photo)

White Rock committee pushes forward proposed financial plan with 4.28% tax increase

Council has not yet approved the five-year plan

The City of White Rock’s Finance and Audit Committee has moved forward a 2021-2025 financial plan that includes a proposed 4.28 per cent tax rate increase for 2021.

On Monday (March 8) the committee, which includes all members of council and mayor, also approved a staff recommendation for the city to hire a full-time planning technician. Financial implications of the new hire would push the city further into the red, equating to an approximate .45 per cent increase to the 2022 tax rate, raising it to 4.82 per cent. Additional tax increases are projected to be 2.4 per cent each year from 2023-2025.

City of White Rock council has not yet approved the financial plan.

A number of speakers voiced their concerns regarding the financial plan at Monday’s Finance and Audit Committee meeting. None of the residents who spoke on the financial plan expressed support for the current document.

RELATED: City of White Rock seeking input on draft financial plan

“Like many of us in the city, we’re seniors on a fixed income and these tax hikes hit us pretty hard,” said David Stonoga, who suggested a zero per cent tax increase would be better.

Some speakers suggested the city delay or cancel a number of capital projects to bring the tax increase down.

City CAO Guillermo Ferrero said during the meeting that removing capital projects from the plan, which include improvement to parks, rebuilding Johnston Road, and pier restoration, would not affect taxation.

The projected impact of the proposed 4.28 per cent tax rate increase on an average residential property in White Rock valued at $1,029,000 equates to a $90 increase. For an average business valued at $1,567,000, the increase would be about $200.

Monday, council directed staff to prepare the consolidated 2021-2025 Financial Plan Bylaw and the corresponding 2021 Tax Rates Bylaw.

City of White RockFinance

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Delta character - and former White Rock resident - Pansy May Stuttard inspects a loaded revolver in the cover photo for Jim Dwight and Gary Cullen’s fascinating biography, Lord don’t want me Devil won’t take me. Contributed photo
West Coast’s ‘Pistol-packin’ Pansy’ lives on in colourful biography

Infamous Delta character ended her days in White Rock and South Surrey

A science class at L.A. Matheson Secondary. March 2021. (Photo: Lauren Collins)
Reports of student attendance ‘dwindling’ at Surrey schools: teachers’ association

STA president said he’s heard from staff that students might not attend in-person for 4th quarter

Vancouver resident Beryl Pye was witness to a “concerning,” spontaneous dance party that spread throughout social groups at Kitsilano Beach on April 16. (Screen grab/Beryl Pye)
VIDEO: Dance party erupts at Vancouver’s Kitsilano Beach to the dismay of onlookers

‘It was a complete disregard for current COVID-19 public health orders,’ says Vancouver resident Beryl Pye

Deputy Prime Minister and Minister of Finance Chrystia Freeland responds to a question during Question Period in the House of Commons Tuesday December 8, 2020 in Ottawa. The stage is set for arguably the most important federal budget in recent memory, as the Liberal government prepares to unveil its plan for Canada’s post-pandemic recovery even as a third wave of COVID-19 rages across the country. THE CANADIAN PRESS/Adrian Wyld
Election reticence expected to temper political battle over federal budget

Opposition parties have laid out their own demands in the weeks leading up to the budget

Chilliwack Search and Rescue volunteers say that a call on April 17 on Vedder Mountain was affected by bikers who rode through the rescue site, throwing rocks onto members and the patient. (Chilliwack Search and Rescue image)
Chilliwack Search and Rescue team, and patient, sprayed with rocks and dirt during rescue

Volunteer crew speaks out after riders on Vedder Mountain show no courtesy at accident scene

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

File photo. THE CANADIAN PRESS/Graeme Roy
One man dead after shooting in Downtown Vancouver

This is Vancouver’s fifth homicide of the year

A syringe is loaded with COVID-19 vaccine at a vaccination clinic run by Vancouver Coastal Health, in Richmond, B.C., Saturday, April 10, 2021. THE CANADIAN PRESS/Jonathan Hayward
B.C. to open up COVID vaccine registration to all B.C. residents 18+ in April

Registration does not equate to being able to book an appointment

(Black Press file photo).
UPDATED: Multiple stabbings at Vancouver Island bush party

Three youths hospitalized after an assault in Comox

Selina Robinson is shown in Coquitlam, B.C., on Friday November 17, 2017. British Columbia’s finance minister says her professional training as a family therapist helped her develop the New Democrat government’s first budget during the COVID-19 pandemic, which she will table Tuesday. THE CANADIAN PRESS/Darryl Dyck
B.C. finance minister to table historic pandemic-challenged deficit budget

Budget aims to take care of people during pandemic while preparing for post-COVID-19 recovery, Robinson said

Most Read