Port Moody is set to begin its budget process and has put forward a draft financial plan for the next four years.
Now, the city is asking local residents which services mean the most to them and where they would like their tax-paying dollars to go.
A community survey has been launched — online and paper copy — and is set to end on Feb. 28.
Council is set to consider public input and deliberate in following meetings between March and April.
"The budget process is about balancing the delivery of services and programs (spending) with property taxes, fees and charges, and funds from other sources (revenues) to meet the needs of the community," reads a news release distributed to the Tri-City News.
"Your input helps Council and the City find that balance and provide the best value for your tax dollars."
Capital projects included in Port Moody's 2022-2026 draft financial plan are as follows, representing nearly 50 per cent of the proposal:
- Shoreline Trail inlet boardwalk and pedestrian bridge reconstruction
- Trasolini Field synthetic turf replacement
- Glenayre/Seaview/College Park water system rehabilitation
- Local Road Network (LRN) road reconstruction program
- Ioco Road corridor reconstruction (water system)
- Noons Creek bike trail bridge infrastructure
- Development application process improvements
- Major Road Network (MRN) road rehabilitation program
- Public Works Yard roof replacement
- Maintenance dredging of the inlet at Rocky Point Pier
Port Moody city council is proposing to collect $48,523,000 in 2022 — about $2.7 million more compared to 2021 — in property taxes from residents and businesses to balance the budget.
On Feb. 4, PoMo's finance committee proposed a 5.97 per cent property tax increase which would add $151 to the tax bill of an average home in the city assessed at about $1.2 million.
Those interested in participating in the survey can visit Engage Port Moody's website.
Paper copies are available at city hall (100 Newport Dr.).
