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Consultation has concluded. Thank you for participating in the 2023 budget process.
Each year City Council and City Staff work together to develop an annual budget and five-year financial plan to guide where tax dollars, funding, and resources are allocated during the coming year.The City’s budget is guided by Council's strategic priorities, the need to maintain and replace our infrastructure andassets, continuing to offer essential services, and priorities expressed by the community.
The 2023 Budget Process kicked off with Special Budget Meetings in early February to present the draft operating and capital budgets. An initial public consultation was held with an in-person public open house and an online survey opportunity. On February 28, Council directed staff to bring back a Financial Plan that includes a 6.8% tax increase for 2023 to the proposed capital and operating budgets.
You can see what is proposed in this year's budget, and why, by reading the 2023 Budget at a Glance, watching budget presentations live via Zoom or Facebook, or viewing the recordings after the meetings.
Each year City Council and City Staff work together to develop an annual budget and five-year financial plan to guide where tax dollars, funding, and resources are allocated during the coming year.The City’s budget is guided by Council's strategic priorities, the need to maintain and replace our infrastructure andassets, continuing to offer essential services, and priorities expressed by the community.
The 2023 Budget Process kicked off with Special Budget Meetings in early February to present the draft operating and capital budgets. An initial public consultation was held with an in-person public open house and an online survey opportunity. On February 28, Council directed staff to bring back a Financial Plan that includes a 6.8% tax increase for 2023 to the proposed capital and operating budgets.
You can see what is proposed in this year's budget, and why, by reading the 2023 Budget at a Glance, watching budget presentations live via Zoom or Facebook, or viewing the recordings after the meetings.
At two Special Budget Meetings held in early February, City of Fernie Staff presented the proposed operating and capital budgets for 2023. On February 15, we held a public Budget Open House, and a survey was conducted from from February 15-22, 2023 to gather initial public feedback.
The Draft 2023 Budget focuses on maintaining existing services that residents rely on the City to provide every day, while advancing key projects that are in line with Council's strategic objectives, and planning for critical infrastructure upgrades that will be facing the City in the coming years.
After taking into account projected revenues, the remaining shortfall stands at $551,843 which is a gap that needs to be closed to bring forward a balanced budget as required by legislation. On February 28, Council directed staff to bring back a Financial Plan for 1st and 2nd reading that requires a 6.8% tax increase to fund.
Please fill out this feedback form if you would like to share any comments, suggestions or concerns regarding the Provisional 2023 Budget.
Consultation has concluded. Thank you for participating in the 2023 budget process.
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Participate in the Budget Survey and tell us what's important to you and how we're doing on a variety of City services.
We will use this feedback to help prioritize and plan as part of our 2023 budget process.
Survey closes February 22nd, 2023
Consultation has concluded. Thank you for participating in the 2023 budget process.
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How does your BC Assessment impact your property taxes?
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Your Property Value Change and Property Taxes
An increase in your assessment does not necessarily mean an increase in your property taxes. Property tax changes are generally impacted by your assessment's change relative to your community's average assessment change. This video explains what could happen to your property taxes if your assessment is lower, higher or similar to the average change for your property class.