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Central Okanagan property owners looking at 8.5 per cent tax hike

The RDCO is facing a $4.1 million increase to its operating budget
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Central Okanagan Regional District offices located at 1450 KLO Road in Kelowna. (Black Press file photo)

Property owners in the Regional District of Central Okanagan (RDCO) can have a say on the proposed 8.5 per cent tax increase they are facing.

The RDCO board is preparing its 2024-2028 five-year financial plan and looking for comments.

“The development of a five-year financial plan ensures that the RDCO makes the best use of our resources, is transparent about financial decision making, and is financially stable into the future,” explained Tania McCabe, director of financial services.

The RDCO is looking at a $4.1 million increase to its operating budget, from $61.4 million to $ 65.6 million.

The financial plan schedule is outlined below, and each session is live-streamed and recorded:

  • Thu. Jan. 25 - 8:30 a.m. (initial presentation);
  • Thu. Feb. 8 - 8:30 a.m. (in-person comments);
  • Thu. Feb. 12 - 8:00 a.m. (deadline for comments);
  • Thu. Feb. 22 - 8:30 a.m. (feedback presented);
  • Thu. Mar. 14 - 8:30 a.m. (plan approval);
  • Thu. Mar. 28 - 8:30 a.m. (bylaw adoption).

Live streams and recordings can be viewed on the RDCO website.

Questions and comments can be sent to finance@rdco.com, the RDCO website, or by mail to 1450 KLO Road.

Residents can also attend the Feb. 8 meeting to comment in person.

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Gary Barnes

About the Author: Gary Barnes

Recently joined Kelowna Capital News and WestK News as a multimedia journalist in January 2022. With almost 30 years of experience in news reporting and radio broadcasting...
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