Besides property taxes, what other sources of funding does the City have?

Most of the City’s funding comes from property taxes. Other sources of funding include:

  • User fees

  • Development charges (capital budget only)

  • Grants and subsidies from other levels of government (restrictions apply)

  • Investment income

  • Contributions from reserves

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1. What impact will the 2019 budget have on homeowners?
2. Was there any public input in the preparation of this budget?
3. What is the business planning & budget process?
4. What is the difference between the operating budget and the capital budget?
5. Besides property taxes, what other sources of funding does the City have?
6. How do Revelstoke’s property taxes compare with other nearby municipalities?
7. What is the annual operating budget for the City?
8. How is the operating budget funded?
9. What’s new in the 2019 budget?
10. Why is the property tax increase more than the Consumer Price Index?
11. Why does the City need a tax increase?
12. What does the City do to control or reduce costs?
13. Will next year’s tax increase be lower?
14. With all the growth, why do we need a tax increase?