2.49 per cent tax hike likely in Sooke

District of Sooke's Five-Year Financial Plan shows tax increases

  • Mar. 11, 2015 8:00 a.m.

A few excerpts from the District of Sooke’s draft five-year financial plan which was presented at the COW meeting on March 2, 2015.

This is the executive summary:

Council approved their 2014 – 2015 Corporate Strategic Plan on April 28, 2014. These priorities have been the primary guidance for the 2015 – 2019 Five Year Financial Plan.

In the 2014 – 2015 Corporate Strategic Plan, council identified four strategic priorities: Fiscal Responsibility, Town Centre, Economic Revitalization, Community Planning.

The 2015 budget integrates each of these priorities.

Fiscal Responsibility:

The District will strive towards long-term financial sustainability. It will prepare for the future by ensuring adequate contributions are made towards required long-term capital infrastructure needs while living within current means.

The 2015 budget maintains a 2.49 per cent tax increase. This increase includes contractually obligated increases to expenditures that equate to approximately 2 per cent overall. Addressing the long-term contributions towards capital infrastructure needs, there is an additional $130,000 budgeted to be transferred into the Capital Asset Replacement Reserve. This is above and beyond the minimum required by bylaw.

With long-term sustainability a critical element to strong fiscal responsibility an additional $291,000 is projected to be transferred into the Capital Asset Replacement Reserve. This is the revenue that is expected to be received from new assessment within the District which is called Non-market Change assessment.

A 2.49 per cent tax increase has been achieved in the current year while setting aside $612,939 into reserves for future use, of which $421,000 is not currently required by bylaw. This represents strong fiscal responsibility.

Town Centre:

The Town Centre is a significant priority of council. The district is striving towards making the Town Centre a vibrant, clean and well-maintained node. The initial focus will be on transportation flow, pedestrian safety improvements and meeting appropriate maintenance standards. Implementation of the Town Centre Plan will require many different efforts, including some capital projects, land acquisition and road realignments. Considerable work is needed to improve sidewalks and pedestrian safety. Additionally, actions are required to improve the appearance and functionality of the area.

Some of the completed projects include; land purchases, Church Road Multi-use Trail, completion of the first phase of the Connector Wadams Way, construction of the Wadams Way Multi-use Trail. Included in 2015 of the Proposed Financial Plan are the following projects:

• Design and begin construction of the second phase of the Connector (Phillips to Charters Rd.)

• Hwy 14 Roundabout Construction.

• Improvements to Hwy 14 from Church Rd to Otter Point Rd.

• Design and construction of sidewalks along Hwy 14 from Church Rd to Otter Point Rd.

• Continued funding for Road and Sidewalk Improvement Program.

• Downtown Art Bench.

• Transit Stop Improvements.

Economic Revitalization:

The District will strive towards developing appropriate mechanisms to facilitate and promote long-term community economic prosperity and resiliency.

Community Planning:

The District will strive towards clarifying, simplifying and streamlining planning processes and instruments, which will respond to, enable and support investment and job growth in the community.

The complete draft of the 2015-2019 Five Year Financial Plan is available on the District of Sooke’s website at:

Financial Plan

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alphabet Zoo Early Learning Centre wants to relocate from Langford to 3322 Fulton Rd. in Colwood, but has not been approved for a P-6 zoning by Colwood council. Residents who neighbour the property, have expressed concern to the Goldstream Gazette regarding the potential daycare site. Neighbours Ryan Landa and Selene Winchester said the noise of construction has been disruptive to the area, and the property is not suitable for a daycare. (Photo contributed/Ryan Landa)
Proposed West Shore daycare stirs up controversy amongst neighbours

Neighbouring property owners are concerned about traffic, noise that a daycare would bring to the area

An Island Health nurse prepares a dose of COVID-19 vaccine. (Photo courtesy Island Health)
Health authority opening 19 clinics to immunize Vancouver Island residents

Health authority anticipates more than 40,000 people will be immunized over the next month

Saanich Fire Department. (Black Press Media file photo)
Fire displaces three Saanich families from two homes

Saanich firefighters found the fire had spread to a neighbouring home upon arriving

The designation of March as Distracted Driving Awareness Month is among several measures designed to stop the use of hand-held phones. In 2018, Sidney/North Saanich RCMP, North Saanich Fire, BC Ambulance and ICBC partnered with Parkland drama students who played the role of driver, passenger and witness to simulate a car crash designed to prevent students from texting and driving. (Black Press Media File)
Police across Greater Victoria step up enforcement of distracted driving

More than a third of B.C. drivers admit to using phone while driving, even as most denounce practice

West Shore RCMP is asking for the public’s help in locating Mackenzie Courchene, a Langford teenager.
MISSING: Mackenzie Courchene last seen in Langford on March 2

West Shore RCMP is asking for the public’s help in locating the Langford teenager

Elvira D’Angelo, 92, waits to receive her COVID-19 vaccination shot at a clinic in Montreal, Sunday, March 7, 2021, as the COVID-19 pandemic continues in Canada and around the world. THE CANADIAN PRESS/Graham Hughes
‘It’s been a good week’: Tam hopeful on vaccines as pandemic anniversary nears

Tam says the addition of two new vaccines will help Canadians get immunized faster

Const. Allan Young. Photo: Abbotsford Police Department
Manslaughter charge laid in Nelson death of Abbotsford police officer

Allan Young died after an incident in downtown Nelson last summer

The Pfizer-BioNTech COVID-19 vaccine is administered to a personal support worker at the Ottawa Hospital on Tuesday, Dec. 15, 2020 in Ottawa. Doctors in Alberta have signed an open letter asking for prioritized vaccination of health-care staff who work directly with patients on dedicated COVID-19 units. THE CANADIAN PRESS/Adrian Wyld
COVID vaccines for seniors in B.C.: Here’s how to sign up

Seniors 90+, Indigenous seniors 65+ and Indigenous Elders can book starting March 8

(The Canadian Press)
‘Worse than Sept. 11, SARS and financial crisis combined’: Tourism industry in crisis

Travel services saw the biggest drop in active businesses with 31 per cent fewer firms operating

The Port Alice pulp mill has been dormant since 2015. (North Island Gazette file photo)
Parts recycled, life returning to inlet as as old Port Alice mill decommissioned

Bankruptcy company oversees de-risking the site, water treatment and environmental monitoring

The Conservation Officers Service is warning aquarium users after invasive and potentially destructive mussels were found in moss balls from a pet store. (BC Conservation Officers Service/Facebook)
Aquarium users in B.C. warned after invasive mussels found at pet store

Conservation officers were told the mussels were found in a moss ball from a Terrace pet store.

Hockey hall-of-fame legend Wayne Gretzky, right, watches the casket of his father, Walter Gretzky, as it is carried from the church during a funeral service in Brantford, Ont., Saturday, March 6, 2021. HE CANADIAN PRESS/Nathan Denette
Walter Gretzky remembered as a man with a ‘heart of gold’ at funeral

The famous hockey father died Thursday at age 82 after battling Parkinson’s disease

Donald Alan Sweet was once an all star CFL kicker who played for the Montreal Alouettes and Montreal Concordes over a 13-year career. Photo courtesy of Mission RCMP.
Ex-B.C. teacher who was CFL kicker charged with assault, sexual crimes against former students

Donald Sweet taught in Mission School District for 10 years, investigators seek further witnesses

Most Read