Budget tax hike trimmed to 4.04 per cent

Kelowna city council began its 2021 budget deliberations Thursday.

Council has given initial approval to a tax increase of 4.04 per cent, down from the earlier 4.27.

The new figure would be about $85 for the average size detached home.

The city says priorities include maintaining essential services and improving transportation and mobility.

A city news release said maintaining essential services and renewing existing assets represents the largest capital budget investment for 2021 at $33.4 million. This includes road resurfacing ($4.4 million), renewal of wastewater mains and facilities ($3.7 million), along with numerous park and facility improvements (Knox Mountain Park and City Park, City Hall, Downtown Parkades, Rutland Arena).

This year’s budget prioritizes public safety by bolstering our resources with 14 safety positions which, annualized in 2022, make for a $1.9 million investment. The 2021 safety positions include eight RCMP members and six civilan support staff. Community safety represents the largest net operating budget investment for 2021 at $43.6 million.

In 2021, $12.7 million is being invested in parks acquisition, development and improvements for parks such as Pandosy Waterfront Park, Kerry Park, Tower Ranch Park, and others.

A final decision on the budget will be made in April after more discussion and public input.

To review the 2021 Financial Plan, subscribe for budget e-updates and for more information about the City of Kelowna budget, visit kelowna.ca/budget.