Regional district approves its 2020-2024 financial plan

RDCO approves budget

The Regional District of Central Okanagan won't be spending as much in 2020 as it did the previous year, however, taxes in all areas of the district, except in the City of Kelowna, are going up.

Some more than others.

The RDCO board approved its 2020 budget earlier this week, with spending of just over $55.99 million. That's almost $3 million less than the district spent in 2019.

The budget may also be amended as the regional district, and all other governments across the country, grapple with the economic affects of the COVID-19 pandemic.

“Considering the changing and unusual public health emergency that we find ourselves in, there may be times in the coming year when we need to revisit and adapt the financial plan in order to best respond to the needs of our communities," says board chair Gail Given.

"This might require adjustments to reflect the financial changes and grants that are available from the federal and provincial governments, supporting the COVID-19 response.”

Member 2020 property value Tax Increase or (decrease)
Kelowna $730,000 $182.22 ($1.63)
Peachland $736,500 $214.08 $2.28
Lake Country $749,500 $214.98 $6.29
West Kelowna $735,000 $203.57 $0.88
C.C. West $748,000 $677.36 $39.65
C.O. East $752,000 $547.25 $33.67

Regional Districts differ from municipalities because they don’t have just one tax rate. The Central Okanagan regional district has more than 80 individual services provided and paid for by different combinations of taxpayers. 

Member municipalities receive 18 to 20 regional services ranging from economic development to parks to dog control.

The two electoral districts receive 28 services, including fire prevention, building inspection, parks and bylaw.

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