Esquimalt holds line on property tax increase for third straight year

Esquimalt homeowners and businesses will see no increase in property tax rates for third consecutive year, says mayor

  • Apr. 29, 2014 1:00 p.m.

Esquimalt homeowners and businesses will see no increase in their property taxes for the third consecutive year, council confirmed Monday night.

The municipality will now develop a 2014 financial plan and tax rate bylaw based on a 0 per cent increase in tax revenue requirements, said Mayor Barb Desjardins.

“We are committed to providing exceptional service to our residents without raising municipal tax rates,” she said. “The 0% increase will be achieved while maintaining our core services, and budgeting $8.1 million for capital costs and infrastructure improvements.”

Utility increases connected to the core area’s secondary sewage treatment project remain unclear.

Financial plan and tax rates bylaws will be considered at a May 5 council meeting and are scheduled for adoption at a May 12 meeting. Esquimalt’s overall 2014 budget of $38.4 million is expected to be approved as well.

See Esquimalt’s strategic priorities here.