Richmondites are being asked to comment on the city's proposed 2023 budget and Consolidated 5 Year Financial Plan for 2023 to 2027.
The operating budget was approved - in a 8-1 vote - by city council this week and includes a 5.89-per-cent tax increase.
According to a media release, the proposed budget means owners of an average residential property assessed at about $1.18 million (2022 value) will pay an additional $115 in municipal taxes, approximately 32 cents a day.
The operating budget for next year includes a poverty reduction planner, a social equity coordinator and planning and administration for a recreation fee subsidy program, which will "strengthen Community Social Development," according to the city.
The operating budget is one of three budgets in the consolidated five-year plan, which also includes the capital and utility budgets.
The operating budget funds the provision of general city services and one-time expenditures with no tax impact, while the capital budget funds investment in infrastructure and equipment.
The utility budget pays for water, sewer, flood protection, garbage and recycling services.
All councillors, except for Coun. Chak Au, voted in favour of operating budget, while the other budgets were supported by all councillors.
From now until 11:59 p.m. on Sunday, Jan. 8, the public can fill in the feedback form on www.letstalkrichmond.ca, email [email protected] or send written submissions addressed to the Finance Department, City of Richmond, 6911 No. 3 Rd., Richmond, BC, V6Y 2C1.
The proposed five-year plan and the three budgets are available on LetsTalkRichmond.ca and on the city's website.
A printed copy of the five-year plan can also be obtained by calling 604-276-4218, emailing [email protected], or picking up a copy from the information counter at city hall.
The budget will come back to city council for a final vote in the new year.
