• Dec 04, 2021

    2022 City budget tempers rising costs with new development revenue

    Pressure on the City of Campbell River’s budget was partially relieved by additional building permit revenues of $300,000 and non-market change of $549,000. Significant community growth and inflationary pressures continue to add pressure to existing City budgets and service provision to residents. These new revenue sources contained the 2022 tax increase to 3.94 per cent, which equates to approximately $47 on a Campbell River home of average value (estimated at $622,000).

    Read full news release.

Featured

2022 City budget tempers rising costs with new development revenue

by Tanya Gunn | Dec 04, 2021

Pressure on the City of Campbell River’s budget was partially relieved by additional building permit revenues of $300,000 and non-market change of $549,000. Significant community growth and inflationary pressures continue to add pressure to existing City budgets and service provision to residents. These new revenue sources contained the 2022 tax increase to 3.94 per cent, which equates to approximately $47 on a Campbell River home of average value (estimated at $622,000).

Read full news release.

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