The Comox Valley Regional District (CVRD) has adopted its 2022 budget for $189.8 million.
The budget has $86.2 million set aside for operating and $103.6 million for capital projects. The district says “good fiscal management and financial best practices” were part of the plan.
The CVRD says the budget represents a return to normal, pre-pandemic service levels for many regional services. They add many services still face a number of uncertainties because of the pandemic.
The financial plan also reflects the major capital projects going on in the region, according to the CVRD. The projects include:
- Completing construction of the regional organics composting facility in Campbell River, for operation in late 2022
- Final design, engineering and procurement work for the Comox Valley sewer conveyance project, expected to begin in spring 2023
- Wrap up of the Comox Valley water treatment plant project, which celebrated its opening on Sept. 21, 2021
The financial plan results in an overall 3.78 per cent increase in property tax requisitions from 2021. The CVRD says the tax will depend on the services.
“The CVRD delivers 102 services across the entire Comox Valley,” said CVRD board chair Jesse Ketler. “Each homeowner’s property tax impact will vary depending on the mix of regional district services provided to either the municipality or electoral (rural) area in which their home is located.”
The district says residents who are unsure what services are provided in their area can call them at 250-334-6000.
Three additional services including the Denman and Hornby Islands high-speed internet contribution, Saratoga Beach community mosquito management and the Baynes Sound community facilities all had successful public assent processes in 2021.
More information about the budget can be found on the CVRD website.
