5-Year Financial Plan 2021-2025

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The 2021-2025 Five Year Financial Plan was adopted on March 5, 2021, so the public consultation has ended for this year.  If you have questions about the budget, how it impacts your taxes, or services you are paying for, please contact our Financial Services Department at any time. We are happy to help answer your questions!

The 5-Year Financial Plan was adopted by the RDEK Board on Friday, March 5th. You can see the adopted plan under the Financial Plan Documents section. (Note: the document is bookmarked, you just have to ensure your browser's bookmarks are open. To open them, look for an icon in the top right hand corner of the document and ensure all drop-down menus are open (they are marked with a sideways triangle).)

The Financial plan is a complex document and to help break it down, we have also prepared a "snapshot" that provides a summary overview of the adopted plan. It is posted in the Financial Plan Documents section.

One of the tricky parts about communicating (and understanding) the Financial Plan lies in the way Regional Districts work. Unlike a municipality that has one boundary and one set of taxpayers (where everyone within the municipal boundaries pays), Regional Districts in BC are based on service areas. So, for every one of the more than 100 services we offer, there is a boundary for that service area, and everyone within the service area pays for (and receives the benefit of) that service. What that means is that we have over 100 different “boundaries” with over 100 different sets of taxpayers. SO, WHAT DOES THAT HAVE TO DO WITH THE BUDGET?

Well, how the budget will impact you depends entirely on what part of the RDEK you live/own property in and what combination of services are offered there. For example, if you live in Electoral Area C everyone will pay the same rate for the line item on their tax notice called “Reg Dist East Kootenay”, but people living in Gold Creek will also be paying for Cranbrook Rural Fire Protection. At the same time, people in Moyie (which is also in Area C) don't have fire protection, but they pay a different line item for Moyie Water.

If you would like to find out how all of this impacts you, you can also call our Chief Financial Officer and she can provide you with specifics. Our staff are happy to answer your questions related to RDEK services and how they impact you all year-round. So, if you have questions, please let us know.

The 5-Year Financial Plan was adopted by the RDEK Board on Friday, March 5th. You can see the adopted plan under the Financial Plan Documents section. (Note: the document is bookmarked, you just have to ensure your browser's bookmarks are open. To open them, look for an icon in the top right hand corner of the document and ensure all drop-down menus are open (they are marked with a sideways triangle).)

The Financial plan is a complex document and to help break it down, we have also prepared a "snapshot" that provides a summary overview of the adopted plan. It is posted in the Financial Plan Documents section.

One of the tricky parts about communicating (and understanding) the Financial Plan lies in the way Regional Districts work. Unlike a municipality that has one boundary and one set of taxpayers (where everyone within the municipal boundaries pays), Regional Districts in BC are based on service areas. So, for every one of the more than 100 services we offer, there is a boundary for that service area, and everyone within the service area pays for (and receives the benefit of) that service. What that means is that we have over 100 different “boundaries” with over 100 different sets of taxpayers. SO, WHAT DOES THAT HAVE TO DO WITH THE BUDGET?

Well, how the budget will impact you depends entirely on what part of the RDEK you live/own property in and what combination of services are offered there. For example, if you live in Electoral Area C everyone will pay the same rate for the line item on their tax notice called “Reg Dist East Kootenay”, but people living in Gold Creek will also be paying for Cranbrook Rural Fire Protection. At the same time, people in Moyie (which is also in Area C) don't have fire protection, but they pay a different line item for Moyie Water.

If you would like to find out how all of this impacts you, you can also call our Chief Financial Officer and she can provide you with specifics. Our staff are happy to answer your questions related to RDEK services and how they impact you all year-round. So, if you have questions, please let us know.

  • CLOSED: The comment period on the 5-Year Financial Plan has now closed. Thank you to all who provided their comments / feedback. The budget will be considered for adoption by the Board on March 5, 2021.

    Please provide your comments on the Five-Year Financial Plan below.  Be as specific as possible if you are referring to specific services, etc. 

    Comment period deadline is: 9:00am Monday, March 1, 2021.

    The 2021-2025 Five Year Financial Plan was adopted on March 5, 2021, so the public consultation has ended for this year.  If you have questions about the budget, how it impacts your taxes, or services you are paying for, please contact our Financial Services Department at any time. We are happy to help answer your questions!

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