Squamish residents can expect a 9.6% tax increase, translating to an additional $250 for the average residential property in 2025. Over the 2025-2029 period, the average annual tax impact is expected to be 10.5%.
In a press release, District says the rise reflects the financial pressures of an increase in RCMP and Fire Services costs, labour contract negotiations, and housing responsibilities tied to provincial mandates. Squamish is also managing debt-servicing for new essential service facilities, infrastructure upgrades, and a long-term capital program. The District is also setting aside reserves for future asset replacement.
Council is currently reviewing the proposed 2025-2029 Five-Year Financial Plan and invites residents to provide feedback throughout October. The District has launched an improved online tool, “Budget Book,” where residents can explore budget details and review proposed items. A range of in-person events are planned for public discussion, with information and resources available at letstalksquamish.ca/budget-2025.
“The District has taken a thoughtful and measured approach to addressing these pressures by limiting changes to service levels, prioritizing life safety and risk-focused projects, and maximizing funding opportunities,” said Heather Boxrud, General Manager of Financial, Information Technology, and Procurement Services. “While these numbers are challenging, they align with financial impacts seen in other growing communities across BC.”
Ways to Get Involved:
- Visit letstalksquamish.ca/budget-2025 for more information, to ask questions, and to view a schedule of upcoming in-person events.
- Tune in to a Council budget workshop.
- Explore the draft budget through Budget Book: squamish.openbook.questica.com.
- Save the dates for these in-person events:
- Mayor’s Drop-in: Wednesday, October 16, 12:30-1:30 p.m. at Municipal Hall (Council Chambers).
- Council Coffee Crawl: Dates to be announced.
- Public Information Night: Wednesday, November 6, 6-8 p.m. at Brennan Park Recreation Centre (Black Tusk Room).
dave colledge says
They have to look at the out of control costs rather than increasing their revenue .
Ihor Zalubniak says
Is that 10% per year compounded? Or 10% in total over 4 years.
Compounded would be over 50% I think
G.Sinclar says
Like all Western Governments, they’re forgotten what they are responsible for and who they answer to. Rather than rein in unchecked spending, they just keep increasing taxes to pursue their assorted agendas with no regard for what the People want. There’s not one Government in Canada that is delivering good value for money. We all know that none of these ‘managers’ would survive a week in the private sector, yet we continue to reward them with an ever growing pool of our money. It’s an IQ test and we’re failing.