City Council Approves 7.28% Property Tax Hike
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Mayor Marianne Alto blames senior governments for forcing Victorias city council to approve a 7.28% property tax hike, citing increased social services and healthcare costs. Despite trimming the proposed increase from nearly 13% by cutting $5.7 million, some councillors still criticize the budget as an election-year gimmick. The citys chief financial officer warns of potential increases up to 14% by 2027, totaling over 32% from 2023 to 2026. The next council will face even tougher choices post-election, with budgeting starting immediately after the October vote.
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