2024-2028 Financial Plan

Our Financial Plan (budget) contains our operating and capital budget, highlights of our work program, and a 7.0% tax increase (6.5% to maintain service levels plus 0.5% to address the infrastructure deficit).

Your tax dollars primarily fund core services, such as public safety, transportation, parks and recreation, and investments in housing and infrastructure.

Our Approved Financial Plan for 2024-2028 was presented to Council on January 8, 2024, and adopted on February 26, 2024, following public input and Council deliberations. 

View the Approved 2024-2028 Financial Plan

A flexible plan

The plan advances the community’s priorities as identified by Council and seeks to keep tax rates as low as possible while still maintaining service levels. The plan is flexible and can be adapted as financial information changes throughout the term of the plan.

Developing the plan

Developing the Financial Plan is an iterative process and staff work closely with Council throughout, to ensure its priorities are reflected.

Review these materials from the budget meetings to see how we developed the Draft Financial Plan:

Working towards our strategic goals

This Approved Financial Plan outlines the financial means to address these Corporate Plan strategic goals:

  • Enhance transportation and mobility
  • Address the housing crisis and the community’s housing needs
  • Achieve a balanced and fair economy
  • Lead in climate emergency action and environmental management
  • Foster community well-being, culture, and safety
  • Foster a resilient organization

Today and tomorrow

We strive to provide leadership and deliver exemplary service that improves the community's quality of life by addressing its needs today and tomorrow. Our financial plan sets a sustainable foundation to realize our community’s vision.

Help shape the budget

We allocate funds to the highest service and infrastructure priorities, and your feedback plays a critical role. For the 2024-2084 budget, we accepted input until January 22, 2024.

Review a summary of what we heard

We are committed to an open and transparent process, and offer opportunities for citizens and stakeholders to provide input into the budget prior to Council deliberations. Any comments received after the public input period are noted and considered as part of future budget iterations.

Here's how you can provide your feedback:

  • Email: budget@dnv.org
  • Mail: S. Jones, Section Manager – Financial Planning, 355 West Queens Road, North Vancouver, BC V7N 4N5