2024 Budget Consultation

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This project is no longer open for input.

Thank you to everyone who participated in our 2024 budget consultation.

What we heard: Staff presented a report with the public engagement results at the Finance Committee meeting on February 20, 2024 (see agenda item 4.5).

On April 23, 2023 staff present the 2024-2028 Five-Year Financial Plan (agenda item 11.1) to Finance Committee.



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 2024, the City is proposing to collect $59,143,000 – approximately $5,368,000 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 8.37 per cent. This means in 2024 the average household would see an increase of approximately $224 for the year – that’s $4.31 per week or $0.61 per day. “Average household” refers to a Port Moody residential property assessed by BC Assessment at the preliminary 2024 average amount of $1,248,000.

Find out more:

The 2024 budget survey and question forum are now closed. Thank you to everyone who took the time to provide input.

Thank you to everyone who participated in our 2024 budget consultation.

What we heard: Staff presented a report with the public engagement results at the Finance Committee meeting on February 20, 2024 (see agenda item 4.5).

On April 23, 2023 staff present the 2024-2028 Five-Year Financial Plan (agenda item 11.1) to Finance Committee.



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 2024, the City is proposing to collect $59,143,000 – approximately $5,368,000 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 8.37 per cent. This means in 2024 the average household would see an increase of approximately $224 for the year – that’s $4.31 per week or $0.61 per day. “Average household” refers to a Port Moody residential property assessed by BC Assessment at the preliminary 2024 average amount of $1,248,000.

Find out more:

The 2024 budget survey and question forum are now closed. Thank you to everyone who took the time to provide input.

  • CLOSED: This survey has concluded.

    We want to hear from you! Please fill out and submit our community survey by Sunday, January 28, 2024. Thank you for taking the time to share your thoughts with us.

    This project is no longer open for input.

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