Kelowna Council to review 2016 budget

The final tax rate will be set on April 25, 2016 when City Council reviews final budget requests.

  • Dec. 10, 2015 6:00 p.m.

Kelowna City Council will receive an overview presentation of the 2016 Financial Plan at the Dec. 14 regular meeting, where staff will recommend a 4.11 per cent tax increase. Deliberation of the provisional plan will take place during an all-day public meeting Thursday, Dec. 17.

The City of Kelowna invites residents to review the provisional 2016 Financial Plan at kelowna.ca/budget, follow along with the deliberations on Twitter using hashtag #KelownaBudget and listen in via Castanet’s Kelowna Council Audio.

Every year presents its own budget challenges and difficult decisions. This year, the City budget focuses on innovation, finding new ways to generate revenue and supporting core services; foundational support that may not be as visible as major construction projects, but just as important.

“There are a number of commitments from previous years as well as contractual obligations that impact this year’s budget,” says Genelle Davidson, Director of Financial Services. “Approximately 86 per cent of this year’s tax demand consist of things like the Police Services building project, annual salaries for the six new RCMP members hired in 2015 and employment contracts.”

Approximately two-thirds of City revenue comes from non-tax sources, such as user fees & charges, grants and reserve accounts.

The budget is also influenced by a number of strategic plans, including the long-term infrastructure plans, the Official Community Plan, 20-year Servicing Plan and Council Priorities.

The final tax rate will be set on April 25, 2016 when City Council reviews final budget requests.

To take a deeper look inside the City budget process, visit kelowna.ca/budget, sign up for e-updates and follow the conversation on Twitter using the hashtag #KelownaBudget.

Just Posted

Okanagan Lake levels stay steady but snowpack is growing: officials

Whether or not the tributaries and creeks flood depends on how suddenly the snowpack begins to melt,

Kelowna council approves rental housing project

Plan for former packinghouse site calls for 148 rental units

Kelowna crew knocks down attic fire in Rutland

No one home at the time as Kelowna Fire Department extinguishes small blaze on Cactus Road

Okanagan realtors add voices to anti-speculation tax coalition

This speculation tax is likely to harm the very people the government is trying to protect

Bolt cutters and bear spray used in Kelowna break-in

“Both suspects were taken into police custody…”

Sunshine and above-average temperatures all week

We can expect to enjoy this warm sunshine all week long

As Osoyoos Indian Band flourishes, so too does Okanagan’s wine tourism

Indigenous practices have driven growth of South Okanagan’s wine history and agricultural influence

Penticton robbery trial starts days before accused’s murder trial

Narcotics, cash stolen from pharmacy; accused scheduled for murder trial next week in Abbotsford

Judith Guichon steps down as Lieutenant Governor of B.C.

Election decision didn’t make her best moments from the past six years

Vancouver to rake in $30 million in empty homes tax in first year

The tax is the first of its kind in Canada, and was intended to address the city’s near-zero vacancy rate

Toronto songstress shares indie vibes with Okanagan

Emma Cook will rock Penticton’s The Elite April 28 before she hits Vernon’s Record City April 29

B.C.’s snowpack continues to increase, melting delayed

River Forecast Centre official says sudden melting further into the season could cause flooding

Student produces gun at Princeton Secondary School

Starter pistol confiscated, RCMP are investigating

Another B.C. First Nation voices support for Kinder Morgan pipeline

Simpcw First Nation claims people living on one-third of pipeline route support the project

Most Read