Financial Plan

2024 - 2028 Draft Financial Plan

The Draft Financial Plan for 2024 – 2028, as presented to Council during its Regular Council Meeting on January 15, 2024 was made available for public comment between January 11 to January 23, 2024. The results were presented to Council at the January 29, 2024 Regular Council Meeting. 

The 2nd draft of the Financial Plan reflects all of the amendments requested to date by Council.

The 2024 to 2028 Financial Plan is scheduled for first, second and third reading at the February 26, 2024 Regular Council Meeting.


2024 Budget Highlights

2024 Property Tax Increase breakdown

Proposed 2024-2028 capital projects include:

  • Identifying location, funding, and partners to build an affordable housing project.
  • Planning a new community hub – a city facility that may include new council chambers, a new library, administration offices, a community theatre, meeting and recreation rooms, commercial space, accessible public washrooms, green space, and flex space for community activities.

4.82% Municipal Property Tax Increase:

The average strata-family homeowner will pay an additional $79 in property tax for the year.

2024 Property Tax Increase for average strata unit

The average single-family homeowner will pay an additional $203 in property tax for the year.

2024 Property Tax Increase for average single-family home


Contact

Have questions about the Financial Plan? Email us at budget@whiterockcity.ca