Vancouver budget report addresses ongoing concern over need for municipal finance reform
That budget will come with a property tax hike.
Current and previous councils have argued what the tax hike should be, but all have been consistent in saying Vancouver continues to take on issues that should be funded by senior governments. Mochrie said the findings pointed to an opportunity for improved collaboration with senior governments “to ensure that the delivery of services, as well as the policy and funding tools, are aligned across all levels of government to optimize how taxpayer dollars are used to address the increasingly complex challenges facing society.”
In February, VCH provided updated hiring projections and council approved a grant of $4.6 million for 2024, in addition to the 2023 unused funds. This provided a $6.85-million budget for 2024. “That is why the questions I usually ask in the chamber and of Coastal Health is: Is the health minister looking at this? Is the province looking at this? And the answer always is, ‘Absolutely yes.’ Which is why I think that the door is open on that conversation.”
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