The City of White Rock’s budget process involves balancing the delivery of services and programs with property taxes, fees and charges, and funds from other sources.
This balance between spending and revenue is important to allow the City to meet the needs of the community, which the City plans through its Consolidated Financial Plan.
City’s Consolidated Financial Plan
The City’s proposed 2021-2025 Consolidated Financial Plan was presented to the City’s Finance and Audit Committee for review and public consultation during a virtual meeting at whiterockcity.ca/agenda on March 8, 2021.
At that meeting, Council directed that City staff prepare the Consolidated 2021-2025 Financial Plan Bylaw with the direction provided during the discussions. The Bylaw will come to the Regular Council Meeting on Monday, March 29 at 7 p.m. and will be in the agenda for that meeting which can be found at whiterockcity.ca/agenda as of March 24, 2021.
According to B.C.’s Community Charter, the City must adopt its 2021-2025 Financial Plan Bylaw by May 15, 2021.