2022-2026 Financial Plan

The 2022-2026 Financial Plan bylaw was adopted by Council on April 4, 2022. The plan includes Council priorities and a 3% tax increase for the year.

View the 2022-2026 Financial Plan 

Ongoing Council priorities include:

• Improvements to mobility and transportation, such as safe cycling and pedestrian routes
• Diversity of available housing options, including social and affordable housing
• Supporting a vibrant local economy
• Taking action on climate change and environmental management

Public feedback on the budget

Between February 8 and 28, 2022, we held a virtual public meeting for the draft budget. This was a chance to review the draft budget, ask questions, and share feedback.

View the summary of questions and feedback received 

We thank the public for supporting this important step of the process. While the plan is now adopted, we continue to welcome feedback throughout the year at budget@dnv.org

Approved Financial Plans from previous years

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 five (5) years, that period being the year in which the plan is specified to come into force and the following four (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.