Parksville council passed final adoption of the city’s five-year financial plan bylaw and tax rates bylaw during a special council meeting on May 9.
The plan, given three readings at the May 2 regular meeting, sets out financial requirements needed for city departments to carry out operations and projects for the next half decade.
READ MORE: Parksville raising municipal property tax rate by 3.5%
Also during the May 2 meeting, council gave three readings to the tax rate bylaw, which will see the rate rise by 3.5 per cent for most payers.