2019 – 2023 Financial Plan Update

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Presentation transcript:

2019 – 2023 Financial Plan Update April 15, 2019

2019 Impact of Additional Budget Changes Changes incorporate after Finance and Audit Committee meeting April 10th

Projected Property Tax Increase The approved annual 1% property tax increase for contribution to the General Asset Management Reserve currently ends in 2022

Impact on a Typical Home Based on $464,403 assessed value (2018 average per BC Assessment) Assumes a typical single family house with average assessment change * Rounded to nearest dollar