Most people don't realize it but nearly 1/3rd of Langford's revenue came from developers in 2021 (we don't get the 2022 statements until June). That wasn't sustainable with interest rates shooting up and development slowing. That is likely the primary reason why even the old council was forecasting big property tax increases in upcoming years.
2021 Final April 19 2022 Audited Financial Statements with JDF.xlsx (langford.ca)
huh? that's a convenient guess about the future.
What we know is true is that Langford's new gov has decided it's more important to pad the slush funds than help the community out, and that has a bad smell.