The District of Saanich has approved its 2019 Tax Rate Bylaw and five-year financial plan. (Derek Ford /District of Saanich)

Saanich approves 2019 budget, up nearly $26 million from 2018

Property taxes increase 5.2 per cent for Saanich homeowners

Saanich’s 2019 budget is up nearly $26 million from last year thanks to additional revenue from reserves, user fees and taxation.

The tax revenue comes from a 5.2 per cent increase to average property taxes for Saanich homeowners, according to the district’s newly passed 2019 Tax Rate Bylaw.

Based on an average homeowner with a property assessment of $924,100, the increase is composed of a 3.7 per cent jump for municipal services and 1.5 per cent to cover the provincial Employer Health Tax.

In total, 2.35 per cent of the tax increase supports municipal and police operations and services, 1.21 per cent covers capital infrastructure replacement and 0.14 per cent is designated for the Greater Victoria Public Library.

Saanich council says the increases amount to a $135 yearly increase for the average homeowner in the district – with average taxes and fees sitting at $3,907.

READ ALSO: Saanich approves 5.2% tax increase

In a statement, Saanich Mayor Fred Haynes said recent citizen and business surveys informed the approved tax rate.

“We heard the majority of Saanich residents want us to maintain and where possible enhance the same level of services with managed tax increases,” Haynes said. “This input as well as residents’ ability to pay was top of mind for Council throughout our budget deliberations. Our 2019 budget balances these factors while continuing to deliver more than 100 services to our residents.”

According to the District, 78 per cent of the survey respondents said they are “pleased with the overall direction Saanich is taking” and 81 per cent of residents agreed “they receive good value for tax dollars.”

In total, the District’s 2019 total budget is up $25,862,400 from 2018.

Tax notices and informational materials will be distributed to property owners before the end of May.

The new tax rate was approved at a regular meeting Monday night, where council also passed the district’s five-year financial plan. The five-year plan puts property tax increases for operations at an average of 3.03 per cent starting in 2020 and running through 2023.

READ ALSO: B.C. top income tax rate nears 50%, investment taxes highest in Canada



nina.grossman@blackpress.ca

Like us on Facebook and follow us on Twitter

Just Posted

Belgian man searches for family of fallen First World War soldier from Victoria

Mark Edward Berton attended Victoria High School and has his grave in Flanders Field

Oak Bay artist co-op highlights autobiographical Snapshots showcase

Snapshots runs from June 4 to 22 at Gage Gallery, 2031 Oak Bay Ave.

Saanich preschool celebrates 30 years with reunion event

Thousands invited RSVP for Carrot Seed Preschool 30-year celebration

Sidney Museum’s Chief Dan George exhibition sees surge of interest

Four mayors, federal Green leader, Tsartlip reps to attend June 21 opening ceremony

Federal government actions hurt Sooke hatchery fundraising efforts

Funding denial comes on the heels of fishing closures

REPLAY: The best videos from across B.C. this week

In case you missed it, here’s a look at the replay-worth highlights from this week in the province

B.C. VIEWS: Money-laundering melodrama made for TV

Public inquiry staged to point fingers before 2021 election

Mistrial declared in Jamie Bacon’s trial

Bacon was on trial for counselling to commit the murder of Person X

Canadian homebuyers escaping high housing costs by moving to secondary cities

In British Columbia, exurbs have grown in the Hope Valley and Kamloops

Feds lay out proposed new rules for voice, video recorders in locomotives

Transport Canada wants to limit use of recorders to if a crew’s actions led to a crash

Raptors beat Bucks 100-94 to advance to franchise’s first-ever NBA Finals

Leonard has 27 points, 17 boards to lead Toronto past Milwaukee

Third person charged in death of B.C. teen found in torched SUV

Inderdeep Kaur Deo facing charge of accessory after the fact to murder

Kamloops girl, 9, recovering from carbon monoxide poisoning now out of ICU

Her mother who was sleeping in the same tent with her did not survive

‘I think he’s still alive’: B.C. mom pleads for help finding son last seen a month ago

Family offering $5,000 reward for information leading to the safe return of Tim Delahaye

Most Read