Financial Plan Summary

The total budget for 2025 is $77.6 million, an increase of $3.13 million over the 2024 budget of $74.4 million. The total tax requisition for 2025 is budgeted at $35.53 million, an increase of $2.62 million above the 2024 requisition. This increases the overall tax requisition by 8.5%.

The tax requisition is increasing at different levels for different services, and no resident will pay into every service. 

Administrative Services - 9.1% ($433,615)

Airport Services - 0.6%, $6,616

Contribution Services - 2.5%, $12,598

Grants for Assistance - currently unknown

Development Services - 22.1%, $239,566

Emergency Planning - 4.6%, increase of $46,539

Environmental Services - 7.6%, increase of $421,316

Library, Culture and Heritage Services - 3.4%, $103,617

Protective Services - 5.7%, $398,606

Departments that have significant increases include:

• Red Bluff / Two Mile Fire Protection: 55%, $205,866 - this will cover borrowing costs for a new firehall.
• Barlow Creek - 46.5%, $85,235 - this will cover the debt servicing costs for a new tender.
• Interlakes - 20.5%, $96,026 - this will cover the debt servicing costs for a new tender and increases in operating costs.

Recreation Services - 6.0%, $588,716

Streetlighting - 3.0% increase, $1,480

Sewer Services - 0% requisition increase

Water Services - 0% requisition increase

Utility Fees - 6.0% increase, $100,926

For the full summary, you can read the background staff report here.