Will next year’s tax increase be lower?

There are many pressures, which will affect the City in future years, including growth, maintaining our existing assets and inflationary components. Inflationary costs for labour, insurance, utilities and fuel affect the City significantly and place additional pressure on the budget. Every time we add a new park, new road or facility, it has an impact on the Operating budget.

While tax increases are expected for the future, Mayor and Council are committed to keeping tax rates at a reasonable level while maintaining the balance between current budget demands, growth and addressing future capital issues.

Show All Answers

1. What impact will the 2019 budget have on homeowners?
2. Was there any public input in the preparation of this budget?
3. What is the business planning & budget process?
4. What is the difference between the operating budget and the capital budget?
5. Besides property taxes, what other sources of funding does the City have?
6. How do Revelstoke’s property taxes compare with other nearby municipalities?
7. What is the annual operating budget for the City?
8. How is the operating budget funded?
9. What’s new in the 2019 budget?
10. Why is the property tax increase more than the Consumer Price Index?
11. Why does the City need a tax increase?
12. What does the City do to control or reduce costs?
13. Will next year’s tax increase be lower?
14. With all the growth, why do we need a tax increase?