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HomeNewsTri-PortPresentation on upcoming financial plan set for Late-March

Presentation on upcoming financial plan set for Late-March

You can learn more about the upcoming financial plan in a presentation later this month.

District of Port Hardy staff will be presenting a bylaw to mayor and council, with the bylaw meant to adopt the 2025-2029 Financial Plan.

The plan would include sources of revenue and distribution of tax for the next five years.

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For taxing, those living in residential properties will provide most of the tax revenue, making up 54.9 percent of total taxation or $2.12 million.

Staff say for sources of revenue, government transfers will make up 43 percent of total revenue, with sales of service at 27 percent of revenue. This equates to $7.6 million, $4.8 million, and $4.4 million respectively.

The bylaw will be presented at Municipal Hall Council Chambers on March 25, starting at 6:15 p.m.

For the bylaw itself, click here.

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