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Before 2008, municipal budgets resulted in property tax increases that were in line with the rate of inflation. In 2008, and mainly as a result of the Class 1/6 reallocation, a budget deficit resulted that needed to be funded by a property tax increase that was greater than inflation. The increase impacted both residential and business owners. Although it was unable to influence the result of the 2008 budgetary process, at a public information session in January 2008, the Whistler Chamber of Commerce (WCC) made a statement on how future budgetary processes might be approached. Click here to view statement. In April 2008, WCC met with council in a public workshop environment and proposed a way in which future budgetary processes might be approached. Click here to view presentation.
Council declined to adopt WCC’s proposal on the basis that the municipality’s Long Term Financial Plan first needed to be reviewed and updated. To that end, the municipality struck an Advisory Committee, comprising financial experts from both the public and private sectors, to review and comment on the policies underlying the Long Term Financial Plan.
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