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The original item was published from 3/2/2023 2:55:50 PM to 3/18/2023 12:00:01 AM.

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Posted on: March 2, 2023

[ARCHIVED] Public comment invited on City of White Rock’s draft 2023-2027 financial plan

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From March 2- 17, 2023, the City of White Rock is inviting citizens to review and comment on the 2023-2027 draft financial plan at Comments received will be summarized and shared with Council at the March 27, 2023, Finance & Audit Committee meeting.

The 2023 proposed budget is based on a combined municipal, police, and asset improvement property tax increase of $361 ($30 monthly increase) or 9.17% to the average single-family home. For an average multi-family home, the increase is $137 ($11.50 monthly increase).  When looking at the combined rate, including property taxation and utility charges, the net increase to the average single-family household is $453 ($37.75 monthly increase), or 7.8% over 2022. 

The proposed increase accounts for record high inflation rates which translates to higher-than-normal resources costs, while being responsive to the needs of the community, sustain/enhance service delivery, and support Council’s strategic priorities to steward the city toward its vision of “a community where people feel safe, included, respected, and connected, local businesses prosper, natural areas are thriving and protected, and city spaces are animated, well-maintained, and inviting”.

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