2021 Budget Consultation

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How do you think the City should spend tax dollars collected in 2021? We want to know! Complete our survey and answer our featured question by February 28, 2021.

Fill out our 2021 budget survey today. Which City services and programs are the most important to you? How should Council balance service levels and tax rates? Click on the “Take survey” tab below and share your thoughts with us!

You can also get involved by answering our featured question: If the City were to look at service level reductions to lower the tax rate increase, which specific services do you think we should consider reducing? Click on the “Featured question” tab below – City Council wants to hear your suggestions.

Have a question? Ask us! Click on the “Q & A” tab below to get started.

The budget process is about balancing the delivery of services and programs (spending) with property taxes, fees and charges, and funds from other sources (revenues) to meet the needs of the community. Your input helps Council and the City find that balance and provide the best value for your tax dollars.

Find out more:

How do you think the City should spend tax dollars collected in 2021? We want to know! Complete our survey and answer our featured question by February 28, 2021.

Fill out our 2021 budget survey today. Which City services and programs are the most important to you? How should Council balance service levels and tax rates? Click on the “Take survey” tab below and share your thoughts with us!

You can also get involved by answering our featured question: If the City were to look at service level reductions to lower the tax rate increase, which specific services do you think we should consider reducing? Click on the “Featured question” tab below – City Council wants to hear your suggestions.

Have a question? Ask us! Click on the “Q & A” tab below to get started.

The budget process is about balancing the delivery of services and programs (spending) with property taxes, fees and charges, and funds from other sources (revenues) to meet the needs of the community. Your input helps Council and the City find that balance and provide the best value for your tax dollars.

Find out more:

  • 2021 Proposed Budget Breakdown

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    05 Feb 2021

    In 2021, the City is proposing to collect $46,590,000 – approximately $1,998,000 more than last year – in property taxes from residents and businesses to balance the budget. The proposed tax rate increase is 4.5 per cent over 2020. The average household would see an increase of about $108 for the year – that’s $9 per month, or $2.08 per week.

    One percentage point (equal to $444,000 in 2021) of the proposed 4.5 per cent tax rate increase is for the Asset Renewal Levy, which funds the replacement of existing critical infrastructure, amenities, and facilities; the other 3.5 percentage points...

    In 2021, the City is proposing to collect $46,590,000 – approximately $1,998,000 more than last year – in property taxes from residents and businesses to balance the budget. The proposed tax rate increase is 4.5 per cent over 2020. The average household would see an increase of about $108 for the year – that’s $9 per month, or $2.08 per week.

    One percentage point (equal to $444,000 in 2021) of the proposed 4.5 per cent tax rate increase is for the Asset Renewal Levy, which funds the replacement of existing critical infrastructure, amenities, and facilities; the other 3.5 percentage points (equal to $1,554,000 in 2021) would be used to fund increases to the operating budget.


    Here’s what it would cost an average* household to run the City in 2021:

    City Administration $117 (-$5 from 2020)
    Community Services $565 (+$93 from 2020)
    Engineering and Operations $149 (+$6 from 2020)
    Finance and Technology $177 (+$21 from 2020)
    Fire Rescue $503 (+$14 from 2020)
    Fiscal Services $91 (–$83 from 2020)
    People, Communications & Engagement $97 (+$6 from 2020)
    Port Moody Public Library $110 (+$6 from 2020)
    Community Development $52 (+$12 from 2020)
    Port Moody Police $651 (+$38 from 2020)


    * The average property assessment for a Port Moody home is $970,000 in 2021

  • Proposed capital projects

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    05 Feb 2021

    The City has two types of budget expenses: operating and capital. Our operating budget covers spending related to Port Moody’s day-to-day operations. The City’s capital budget funds larger, longer-term projects, mostly related to maintaining, upgrading, and replacing the City’s infrastructure and facilities.

    Here are some of the capital projects proposed in the 2021-2025 Draft Financial Plan:

    • road rehabilitation projects and planning, e.g. St. Johns Street multi-use pathway, Clarke Street functional design, Ioco Road transportation and mobility study;
    • traffic safety projects, e.g. School Traffic Safety Initiative, improvements to street lights, bus stop accessibility improvements;
    • sanitary sewer and drainage improvements, e.g. North...

    The City has two types of budget expenses: operating and capital. Our operating budget covers spending related to Port Moody’s day-to-day operations. The City’s capital budget funds larger, longer-term projects, mostly related to maintaining, upgrading, and replacing the City’s infrastructure and facilities.

    Here are some of the capital projects proposed in the 2021-2025 Draft Financial Plan:

    • road rehabilitation projects and planning, e.g. St. Johns Street multi-use pathway, Clarke Street functional design, Ioco Road transportation and mobility study;
    • traffic safety projects, e.g. School Traffic Safety Initiative, improvements to street lights, bus stop accessibility improvements;
    • sanitary sewer and drainage improvements, e.g. North Shore sanitary sewer rehabilitation phases 1 and 2; Ioco Road low-pressure sanitary siphon and Valve replacement; Inlet Centre integrated stormwater management planning;
    • water infrastructure projects, e.g. Chestnut Reservoir seismic upgrade, fire hydrant improvements, Glenayre/Seaview/College Park water system rehabilitation;
    • facilities maintenance projects and planning, e.g. Old Orchard Hall balcony replacement and envelope repairs, Public Safety Building geothermal heat pump replacement, Westhill childcare facility, seniors’ centre feasibility study;
    • trail, park, and playground rehabilitation, e.g. Inlet Trail boardwalk and pedestrian bridge reconstruction, Rocky Point Park Master Plan review, paving of Shoreline Trail bike path (North Shore in coordination with sanitary sewer project), Tree Protection Bylaw update;
    • and climate change response, e.g. climate resilient landscaping, extreme weather response plan, zero emissions plan for new and existing buildings.