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City of Castlegar draft budget calls for 5.66% property tax increase in 2022

Online budget open house scheduled for Jan. 6

Submitted by City of Castlegar

Following two days of deliberations, Castlegar city council approved a draft 2022 budget and is now seeking community input.

The budget will result in a 5.66 per cent tax increase for residential properties and a 5.75 per cent increase for business and light industrial properties.

This equates to $64.96 annually, or approximately $5.41 per month, for the city portion on an average single-detached home tax bill in Castlegar.

City taxes are only one portion of a property tax bill, which also includes amounts the city collects on behalf of the province, the regional district, school and library levies.

According to the city, the draft budget focuses on maintaining essential services that residents rely on the city to provide every day.

The budget ensures that the city can continue to advance council’s priorities outlined in the 2019-2023 Strategic Plan.

It allows the city to fund key infrastructure and services, including:

• Implementing recommendations from the Downtown Area Plan

• Continuing to renew key infrastructure on Columbia Avenue

• Comprehensive planning to address issues at the South Sewage Treatment Plan

• Implementing recommendations from the Castlegar Housing Strategy

• Implementing recommendations from the Regional Economic Development Strategy

RELATED: Castlegar garbage/recycling fees to see small increase in 2022

“The city will continue building the foundation for a prosperous and growing community by putting short and long-term strategies into action,” says Director of Financial Services Ola Oladele. “The draft 2022 budget ensures the city is financially poised to take advantage of future opportunities.”

Find the draft budget at castlegar.ca/budget and send your thoughts via email to budget@castlegar.ca by Jan. 7, 2022.

An online public open house will be held Thursday, Jan. 6, 2022 at 5 p.m. You can find the login information on castlegar.ca.

Residents can watch the recordings of the 2022 Draft Budget deliberations at castlegar.ca/budget.

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