Budget 2026

Budget Process

The Community Charter requires local governments to approve a five-year Financial Plan Bylaw each year by the end of March. The Financial Plan is also referred to as the Budget. Generally, the annual budget is prepared through the following process:

1. Each fall the CRD creates budgets for each of its services based on anticipated activities and priorities.
2. Finance compiles all these budgets to make a draft financial plan.
3. The draft financial plan is reviewed and approved by the CRD Board.
4. The plan is revised based on public input and Board priorities until a final version is approved.
5. The final version allows us to develop the Financial Plan Bylaw.
6. The Financial Plan Bylaw must be adopted no later than March 31.

In the Financial Plan Bylaw, we set the property tax revenue we need for each service. This forms the basis for your taxation rates for the year. The CRD Board may amend the financial plan by bylaw at any time during the five-year period.

Learn more about the relationship between property assessments and property taxes, or view this helpful video provided by BC Assessment.

Budget Feedback

As part of preparing the Financial Plan, we seek out resident and stakeholder feedback on the proposed levels of spending, taxation, and methods of financing for various initiatives and services. Our budget consultation seeks to obtain feedback on the proposed changes to the budget, along with improving our understanding of resident's concerns about the budget. This feedback is then considered by the Board prior to its final decision making on the budget, and changes may be made to reflect public comments received.

Our Budget Feedback survey will be open early January until February 20, 2026. The survey should take approximately 3 - 5 minutes to complete. All responses are anonymous and no personal information is being collected as part of the survey. The results will be presented to the Board of Directors at their February 26, 2026 Finance-Budget Committee before final approval is considered.

 Coming Soon Budget Feedback Survey