MattersFinanceFirst seen Feb 24, 2026Last discussed Apr 7, 2026
2026–2030 financial plan
ApprovedThe amended budget sets a 10.47% proposed municipal property-tax increase for 2026 and funds City services and capital work. It includes funding for four additional RCMP officers, with two to be hired immediately, and shifts $155,000 to temporary power for Bear Mountain Parkway.
Where it stands: Financial plan approved as amended Apr 7, 2026; financial and tax-rate bylaws still to come.
Location
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Background
Earlier and later steps of the same initiative.
Dec 9, 2025
2026 budget tax options
Staff were asked to prepare 2026 budget options showing property-tax increases of 3%, 6%, 9% and 11%. Comparing these choices helps residents see different potential tax levels before the financial plan is set.
Mar 17, 2026
Public input on the 2026 budget
The City received 383 survey responses and other feedback on its proposed 2026–2030 Financial Plan. The input gives residents a way to raise questions and concerns about the City’s planned spending and revenues.
Mar 17, 2026
2026 budget adjustments
The proposed 2026 budget included a 15.13% property-tax increase, and staff presented options to reduce it. Budget changes included cutting City Hall staffing costs, removing the e-bike program, deferring a garbage-can retrofit, reducing staff travel and training, and seeking more non-property-tax revenue.
Apr 20, 2026 – May 12, 2026
2026–2030 financial plan and tax rates
The five-year financial plan sets out projected revenues and spending for 2026–2030, while the tax rates determine property taxes for 2026. Together, they guide city services and investments and set the municipal tax levy residents pay.
Timeline
Every time this matter appeared in council records, newest first.
Amended five-year financial plan approved
Council approved the 2026–2030 Financial Plan with amendments to authorize funding for four additional RCMP officers (hire two immediately; hold funding for two in abeyance pending working-group recommendations) and reallocated $155,000 from the Admin Property Purchase capital budget to address Bear Mountain Parkway temporary power.
Discussion
Extensive debate: council reviewed staff presentations and consultant input on public safety; amendments included authorization for four RCMP officers with immediate hiring of two and holding two 'in abeyance' pending working-group outcomes (property crime, unhoused, parks/downtown safety). Council also approved an amendment to reduce Admin Property Purchase capital budget from $1,000,000 to $845,000 and use the $155,000 to finance the Bear Mountain Parkway temporary power fix. Several procedural and substantive amendments were proposed, some withdrawn, the final plan (as amended) was carried.
Decision: Directed staff to reduce Admin Purchase budget and reallocate $155,000 to Bear Mountain Parkway power.
Passed 7–0
Decision: Approved the 2026–2030 Financial Plan as amended, including RCMP funding and reallocating $155,000.
Passed
Decision: Directed staff to bring back a report on options for West Shore RCMP equitable funding.
Staff present five-year budget and proposed tax increase
Staff presented the proposed 2026–2030 financial plan with budget detail, funding sources, and the proposed 2026 tax impact for Committee consideration.
Discussion
Council asked for process clarifications (survey timing and reporting), whether capital projects were funded by development charges or property tax, and details about potential non-property tax revenue options. Staff cautioned that some non-tax revenue increases are conservative and would become a new base if adopted; several councillors asked for more public input and time.