The Financial Plan (Budget)

Our Draft 2018-2022 Financial Plan contains our proposed operating and capital budget, highlights of our work program, and the proposed tax increase for 2017.

Core services, such as public safety, transportation and recreation, and investments in new infrastructure and renewal of the existing built environment are primarily funded by your tax dollars.

We allocate funds to the highest service and infrastructure priorities, and your feedback plays a critical role.

Here's how you can provide your feedback

Email — budget@dnv.org
Phone —  604.990.2302
Write — Rick Danyluk, Manager - Financial Planning

Thank you for your interest. The period for public input on the draft budget ended on January 15, 2018.

2018-2022 Financial Plan

This year's draft plan was introduced at Council's December 11 meeting. At that meeting, staff provided an overview of the proposed operating and capital budgets, the highlights of the work program, and the proposed tax increase for 2018.

2018 Financial Plan schedule

Date Meeting purpose Time & Location Comments
Monday, October 2, 2017 2018 budget update Committee Room, 5:00-7:00pm Regular Council meeting
Monday, December 4, 2017 2017 Financial Plan - fall amendment Council Chamber, 7:00pm Regular Council meeting
Monday, December 11, 2017 2018 budget introduction - draft Financial Plan workbook Council Chamber, 7:00pm Regular Council meeting
Wednesday, January 10, 2018 Community Associations briefing Meeting Room A, 7:00-9:00pm Financial Plan meeting (to schedule)
Monday, January 15, 2018 Receive public input and Council opening remarks Council Chamber, 7:00pm Regular meeting of Council - Financial Plan
Tuesday, January 16, 2018 Financial Plan deliberations Committee Room, 5:00-7:00pm Workshop
Monday, January 22, 2018 Financial Plan deliberations (if required) Committee Room, 6:00-7:00pm Workshop
Monday, January 29, 2018 First three readings of Financial Plan bylaws Council Chamber, 7:00pm Regular Council meeting
Monday, February 5, 2018 Final adoption of Financial Plan bylaws Council Chamber, 7:00pm Regular Council meeting
Monday, April 16, 2018 Tax distribution workshop Council Chamber, 7:00pm Regular Council meeting
Monday, May 7, 2018 Final adoption of the Tax Rate bylaw Council Chamber, 7:00pm Regular Council meeting

Draft Financial Plans from previous years

Date Draft Financial Plan
2017-2021 Download
2016-2020 Download
2015-2019 Download
2014-2018 Download
2013-2017 Download 
2012-2016 Download 

Financial planning and municipal government

All municipalities in BC must have a financial plan (or budget) that is adopted annually, by bylaw, before the annual property tax bylaw is adopted. The financial plan may be amended by bylaw at any time.

The planning period for a financial plan is 5 years, that period being the year in which the plan is specified to come into force and the following 4 years.

The financial plan must set out the following for each year of the planning period:

  • proposed expenditures by the municipality
  • proposed funding sources
  • proposed transfers to or between funds

A process of public consultation regarding the proposed financial plan must be undertaken before the plan is adopted.

 

Roadmap to a sustainable future

Through our Official Community Plan (OCP) policies, we are fulfilling our community's vision of vibrant, sustainable neighbourhoods where everyone is welcomed and valued.

Our many social, environmental, and economic plans are helping us implement those policies.