Delta residents have a chance to provide feedback on the city’s updated financial plan which includes a proposed 3.5 per cent increase in their property tax bill this year.
The increase, which only applies to the Delta portion of the property tax bill and not what other taxing authorities will take, works out to 1.75 per cent more for city services and 1.75 per cent for parks infrastructure funding.
This year’s Delta increase works out to $85 for the average home, assessed at $887,000 in 2020, according to the finance department.
Before the proposed tax hike goes to council, residents can share their views on the proposed budget, funding priorities, city services and upcoming projects until Feb. 28 by visiting https://delta.citizenbudget.com/
People can simulate their own budgeting process by allocating tax dollars to their preferred funding categories.
To view more details on the property tax increase and the financial plan, visit http://delta.ca/docs/default-source/finance/2020-financial-plan-for-website-public-consultation-feb-13-2020.pdf?sfvrsn=2
Last year the city passed a 2.99 per cent increase, which worked out to a $70 increase for the average home.
The previous year, in 2018, council approved a property tax increase of 1.95 per cent, which worked out to $45 for the average home, and in 2017 it was 2.75 per cent, which worked out to an average $61 increase, while 2016 saw a 3.5 per cent hike that translated into an average increase of approximately $75.
Council recently approved a $40 increase to the flat rate utility bill, from $1,090 for a single-family home last year to $1,130 in 2020.
