District News, News

Thank You for Engaging in the Sooke Budget Open House

04
Apr

Thursday, April 4, 2024 – The District extends our heartfelt thanks to all who participated in the Sooke Community Budget Open House, marking the successful conclusion of the second phase of public participation on our engagement on the budget. Your active involvement and valuable feedback are crucial in shaping the future of our community.

As we move forward, we want to share some important next steps in the budget process:

  1. Adoption of the Five-Year Financial Plan: The five-year financial plan will be presented for adoption at the upcoming April 8th Council Meeting.
  2. Introduction of Tax Rate Bylaw: Following the receipt of rates from all third-party agencies, the tax rate bylaw will be introduced at the April 22, 2024 Council meeting. This bylaw will undergo three readings (introduction; initial discussion; final discussion) at the public meeting before final adoption by the May 15th deadline.

Continued Engagement

We want to emphasize that the budget process begins with you! Resident input lays the foundation for our budget development.

The 2025 annual budget survey will be available from June 12th to August 25th, 2024. Your participation in this survey is critical as we strive to align our priorities with community needs. Please stay tuned for more information.

Your engagement in the budget process is vital to ensuring that our community’s resources are allocated effectively and in line with our shared priorities. Together, we can ensure that our community’s resources are allocated effectively and in line with our shared priorities.

Thank you once again for your participation and support.

About the five-year financial plan:

In the five-year financial plan, the budget for the immediate year is refined while the outyears provide a potential financial forecast. From your feedback, priorities are adapted and the year ahead is detailed to ultimately form the tax rate applied to municipal services.

Sooke is working to have more stable longer-term forecasting; however, presently, the budget remains quite nimble.

Learn more:

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