White Rock looking at 3.9% tax increase

Budget discussions are to take place this week

City of White Rock scheduled two council meetings this week for the operating budget and draft financial plan.

The finance and audit committee meeting is to be held tomorrow at 5 p.m. in the city’s council chambers. The meeting may continue Thursday, also to start at 5 p.m.

The 105-page agenda notes a “best budget scenario” of a 2020 property tax increase of 3.9 per cent.

However, the last financial plan (2019-2023) projected a 2020 property tax at 2.75 per cent.

“Since then, certain non-discretionary cost increases and unanticipated revenue reductions have put further pressure on property taxes,” the agenda notes. “Staff have undertaken significant review and analysis of the 2020 budget submissions to ensure they are reasonable and to identify other cost reductions and/or new revenues that could help pay for some of these increased expenditures and revenue reductions.”

A 3.9 per cent property tax increase equates to a $130 tax increase on an average detached single-family home and a $49 increase on an average strata property in the city.

The increase has not yet been approved by council.

Monday’s agenda can be found here.

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

Just Posted

Sunny skies expected across Lower Mainland this week

After weeks of rain and smoke, Environment Canada forecasts clear skies and steady warm temperatures

Senior White Rock election worker not concerned about safety at the polls

‘Casting your vote will be like getting a take out coffee,’ says Elections BC CEO

Surrey’s Johnston Heights reporting COVID-19 exposure

Fraser Health has created a new webpage listing COVID-19 cases in schools

White Rock exhibit designed to ignite passion for the arts

Surrey Artswest Showcase to include semi-private lessons

Community Connections: Gordie Hogg speaks with Margaret Cuthbert

Former mayor, MP began posting conversations on YouTube in June

A (virtual) walk around the world by 88-year-old B.C. man

George Doi says it’s simple: ‘I like walking’

End of CERB means uncertainty for some, new system for others

As of a week ago, the CERB had paid out $79.3 billion to 8.8 million people

Horgan, Wilkinson trade barbs over MSP premiums, health care at campaign stops

Horgan called a snap election for Oct. 24 earlier this week

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

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

VIDEO: COVID won’t dampen Lower Mainland woman’s Halloween spirit

Langley’s Tanya Reid posted video offering suggestions of how trick-or-treating might look for her

PHOTOS: 2nd calf in a month confirmed among Southern Resident killer whale pod

Center for Whale Research said they will eagerly await to observe the calf to evaluate its health

Most Read