Draft City of Victoria budget comes with 9% tax increase

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Draft City of Victoria budget comes with 9% tax increase
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Inflation, supply-chain issues, increased labour costs and climate impacts is driving an increase in costs, a staff report says.

Property owners in the City of Victoria could face a tax increase of as much as nine per cent this year if an early draft financial plan is enacted as is.

“It may be that we all want to provide a very robust series of services to our residents in the context of a particularly difficult year,” she said. Cost increases are being driven by inflation, supply-chain issues, increased labour costs and climate impacts, city staff say. VicPD is also requesting funding for seven new staff, four civilian personnel and three frontline officers. ­Victoria is responsible for 86.33 per cent of the police budget, with ­Esquimalt picking up the rest of the tab.

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