Financial Plan Open House

The 2019 budget process is currently underway, with departments presenting their proposed projects to Council at Special Meetings on March 4 and 5, 2019. Once these presentations are complete the Financial Plan Bylaw will be brought forward for consideration March 11. Prior to adoption of the proposed bylaw, the District will host an Open House to receive public input on the proposed 5-Year Financial Plan.

 

Date:               Wednesday, March 20, 2019

Time:              3:00 – 7:00 p.m.

Location:        Council Chambers, 2225 Otter Point Road

 

“Information is the key to understanding all the components of a municipal budget, which can be multi faceted and dynamic in nature” said Mayor Tait. She hopes that residents in the community will bring their questions, thoughts and plans to the open house and engage with the experts on staff regarding topics of interest with productive conversations.

The current proposed tax increase, with no adjustments, is at 7.17% which is broken down to approximately $87.41 per household (based on the average property assessment of $481,000). Below are a few key contributing factors to the 2019 proposed budget:

Areas contributing to proposed tax increase:

  • Two major community planning exercises to help build the foundation for a growing community.
  • Historically minimal tax increases.
  • Changes to the BC Employer Health Tax
  • Adding new staff members necessary for continuing forward.

Do not miss out on your opportunity to provide your input or have questions answered regarding the 2019 proposed budget. If you are not able to attend the schedule open house, please contact us at info@sooke.ca or 250-642-1634.

 

Media Contact:

Don Schaffer

Chief Administrative Officer

Tel: (250) 642-1634

Email: dschaffer@sooke.ca

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