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

Saanich Police looking for information relating to suspicious death

The body of a man was found on Crease Avenue just after 9 a.m. on Saturday

250th Free Little Library installed in Victoria

Greater Victoria now has the highest density of mapped little libraries in the country

Urbanists hope to see Victoria’s unused rooftops, parkades, parking lots become usable green space

Downtown Residents Association says city dwellers should have access to parks

For the love of fibre: fibre arts celebrated through demonstrations and market showcasing locally made items

Fibre arts celebrated through demonstrations and market showcasing locally made items

Cemetery tour explores Metchosin’s early history

A tour with grave consequences for those wishing to explore Metchosin’s history takes place Aug. 25

70 years of lifting: Canadian man, 85, could cinch weightlifting championship

The senior gym junkie is on track to win the World Masters Weightlifting championship

U16 B.C. fastpitch team named national champs

Girls went undefeated at national tournament in Calgary

Advocates ‘internationalize’ the fight to free Raif Badawi from Saudi prison

Raif Badawi was arrested on June 17, 2012, and was later sentenced to 1,000 lashes and 10 years in jail for his online criticism of Saudi clerics

RCMP, search crews hunt for 4-year-old boy missing near Mackenzie

George went missing early Saturday afternoon

Canadian entrepreneurs turning beer byproduct into bread, cookies and profits

Some breweries turn to entrepreneurs looking to turn spent grain into treats for people and their pets

Canada ‘disappointed’ terror suspect’s British citizenship revoked

Jack Letts, who was dubbed “Jihadi Jack” by the U.K. media, has been detained in a Kurdish prison for about two years

Chrystia Freeland condemns violence in Hong Kong, backs right to peaceful assembly

There have been months of protests in the semi-autonomous region

Most Read