2023 Budget Consultation
As they consider the proposed 2023 budget, Council wants to hear from Port Moody residents and business owners. How do you think the City should balance service levels and tax rates? What do you think of the proposed funding levels for specific service areas?
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.
In 2023, the City is proposing to collect $54,240,000 – approximately $5,496,000 more than last year – in property taxes from residents and businesses to balance the budget. The proposed tax rate increase for the average household is 11.33 per cent. This means in 2023 the average household would see an increase of approximately $296 for the year – that’s $5.69 per week or $0.81 per day.
Find out more:
- take a look at our budget breakdown information to learn more about the proposed tax rate increase and to find out what it would cost an average household to run the City in 2023
- read our budget guide (PDF) with information about the budget process and the City’s proposed net operating expenses for 2023
- see examples of capital projects proposed in the 2023 Draft Financial Plan
- read the full 2023–2027 Draft Financial Plan (PDF)
- review our frequently asked questions
- watch our video to understand how your property taxes are calculated
- view City Council presentations and meeting videos from the budget planning process
Do you have a question about the budget process or the 2023-2027 Draft Financial Plan? Post your question below and we'll answer it.
Our community survey is not closed. We would like to thank everyone who took the time to give us your feedback. Watch this page for updates.