Whether it’s your first time, or you’ve been around the budget block, we want to hear from you. We’re looking for citizens to share their thoughts on the draft 2016 Budget, whether you are a regular attendee at Council meetings, or can’t find City Hall on a map.
The City is hosting an e-Town Hall on the draft 2016 Budget on Thursday, January 21 at 7 p.m., a topic that is actually extremely relevant and important to everyday life. From emergency services to recreation, parks, potholes, bike lanes and more, how a city spends money has a huge impact on both residents and businesses. An average homeowner ($518,000 assessed value) will pay approximately $3,200 in municipal property taxes this year. This is the time when citizens can actually determine how and where that money is spent.
We know that people are busy with their family/job/hobbies/experimental rock band, and don’t always have the time or flexibility to attend meetings at City Hall. While we love to see our residents in person, we understand that they are busy, and want to make it easy for everyone to give feedback. That’s why on Thursday January 21, we are hosting a Town Hall with an e-Town Hall component. Attend in person at City Hall… or on your couch, at your kid’s basketball practice, or in your jam space.
- What: Town Hall/e-Town Hall on draft 2016 Budget
- When: Thursday, January 21 at 7 p.m. Doors open at 6:30
- Where: Anywhere
Participating is easy! Just use any of the following ways to ask a question or provide a comment.
- In person: Attend the meeting at City Hall, 1 Centennial Square
- Facebook: Join our Facebook event and post your questions there.
- Twitter: Submit your questions via Twitter using #victownhall
- Website: Submit your questions or comments using the online form
- By Phone: Once the meeting is underway, call us at 250.361.0327 and we’ll transcribe the question
Questions are accepted prior to the event, or in real-time during the event. Citizens can submit a question and then watch the webcast to listen for the answer.
To make understanding municipal budgeting even easier, we’ve created a budget explainer video.
Learn more about the budget at www.victoria.ca/budget. Dive into the full Draft Financial Plan, or just catch the highlights in our Budget at a Glance.
The draft financial plan includes a 2016 operating budget totaling $221 million and capital budget totaling $51.2 million. The proposed budgets would result in an overall property tax increase of $2.8 million or 2.31%. Combined with utility fees, the overall costs to homeowners would result in a 2.05% increase from 2015, and 2.19% for businesses. This equates to a $63 increase for an average household ($518,000 assessment) and a $167 increase for a typical business ($500,000 assessment).