The 2.58% tax increase proposed for 2018 will amount to $41.50 more, for the full year, for the typical City of West Kelowna home (assessed at $530,000).
As in past years, the tax increase is required to continue to maintain healthy reserve levels, ensure adequate funding is available to upgrade or replace ageing infrastructure and equipment, keep up with rising market costs for goods and services, and improve service levels for a rapidly growing and urbanising municipality.
To learn more about the proposals in the financial plan, which will be adopted in the spring, you are welcome to attend our Talk Budget With Council open house:
Wednesday, January 31
4 to 7 p.m.
Westbank Library Branch
Council began deliberating the draft 2018 to 2027 Financial Plan during the January 16 Special Council Meeting: