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, 2022. (PQB News file photo)

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, 2022. (PQB News file photo)

Parksville council adopts 5-year financial plan and tax rate bylaws

Both bylaws given three readings earlier this month

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.


kevin.forsyth@pqbnews.com

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