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Municipal Property Taxes


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#401 Victoria Watcher

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Posted 25 April 2023 - 06:12 AM

Langford staff say keeping the property tax low during the height of COVID-19 was a good decision at the time, but now a higher tax increase is needed to keep pace with the rapidly growing city.

 

As the city undergoes its annual property tax rate discussion, staff came forward with a budget that would see an 11.94 per cent increase, which has since grown to a 12.41 increase due to troubles facing the Westhills YMCA-YWCA.

 

The former mayor and council signed an agreement with the YMCA-YWCA that if it were to default on its lease, the city would be required to assume the lease. As a result, city staff recommended approving the additional funding to keep the recreation centre afloat.

 

 

https://www.cheknews...crease-1149850/



#402 Ismo07

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Posted 25 April 2023 - 09:24 AM

 

The former mayor and council signed an agreement with the YMCA-YWCA that if it were to default on its lease, the city would be required to assume the lease. 

 

 

Yikes, hard to foresee what happened...



#403 Victoria Watcher

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Posted 03 May 2023 - 08:52 AM

Langford council approves financial plan with record-high tax increases

 

Taxpayers in the growing West Shore city will see their property taxes rise 12.41% this year, in part to pay for new police officers and firefighters, additional city staff and a new RCMP headquarters
 
 
 
 
 
Taxpayers in the growing West Shore city will see their property taxes rise 12.41% this year, with projections of 11.68% in 2024 and 9.5%, 9% and 8.44% in subsequent years.

Edited by Victoria Watcher, 03 May 2023 - 08:57 AM.


#404 Victoria Watcher

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Posted 07 May 2023 - 04:00 AM

Victoria's seeks balance and limiting pain with its budget; 6.15% residential tax increase
6.15% increase property tax increase for residents and businesses, and 37% for industry

 

 

The spending includes:

 

• $3.1 million for city-wide and area-based planning, housing, development approvals, climate action, urban design, heritage, social planning and equity, and tenant assistance.

• $22.1 million for multi-modal corridor improvements to support road safety, walking, cycling, transit, liveability and accessibility.

• $2.1 million to renew aging park infrastructure like washrooms, fencing, irrigation, furniture, signage, pathways, lighting and drinking fountains.

• $1.8 million to restart the Crystal Pool replacement project.

• Nearly $1 million to be invested in a downtown revitalization program.

• $46.2 million to rehabilitate Victoria’s underground infrastructure.

• $11.7 million for road restoration and rehabilitation.

 

https://www.timescol...ncrease-6964435



#405 Mike K.

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Posted 07 May 2023 - 06:00 AM

It took eight years to believe we needed to change course on downtown?

The damage has been done.

Yesterday I saw a man defecating completely out in the open, not a care in the world. And nobody around who did care. What downtown needs is a restoration of law and order, to be honest, not a quick bondo job.
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