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MattersFinanceBYLAW NO. 1837First seen Apr 15, 2019Last discussed May 6, 2019

2019–2023 financial plan

Adopted

The five-year plan sets Langford’s budget and revenue approach for 2019–2023, including about $31 million in municipal property-tax revenue budgeted for 2019. It also anticipates funding from development charges and developer contributions for City services and projects.

Where it stands: Financial plan bylaw adopted May 6, 2019.

Governing bylawNo. 1837

Financial Plan for 2019-2023 Bylaw

Sets Langford’s financial plan for 2019–2023 and explains the City’s revenue and property tax policies. It guides how the City plans to fund services and projects, including its approach to taxes, fees, borrowing and tax exemptions.

Timeline

Every time this matter appeared in council records, newest first.

  1. May 6, 2019· Council

    2019–2023 financial plan bylaw adopted

    Adopted

    Final approval. The bylaw is now in force.

  2. April 15, 2019· Council

    First, second and third readings for five-year financial plan

    Passed

    Council approved the content and final wording. Adoption is the last step.