City of Vancouver proposes 9.3% hike in fees, property tax for 2020

Mornings with Simi

English - November 26, 2019 19:09 - 9 minutes - ★★★★★ - 1 rating
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The City of Vancouver is considering a 9.3% hike in taxes and fees as a part of its 2020 budget.

The figure is included in the city’s Draft 2020 Budget and Five-Year Financial Plan, set to be considered on December 3rd.

The 9.3% figure is a combination of an 8.2% property tax hike and a 9.5% utility fee hike. It also includes an 0.5% tax shift from business to residential properties.

Guest: Adriane Carr

Vancouver City Councillor representing the Green Party

The City of Vancouver is considering a 9.3% hike in taxes and fees as a part of its 2020 budget.

The figure is included in the city’s Draft 2020 Budget and Five-Year Financial Plan, set to be considered on December 3rd.

The 9.3% figure is a combination of an 8.2% property tax hike and a 9.5% utility fee hike. It also includes an 0.5% tax shift from business to residential properties.

Guest: Adriane Carr

Vancouver City Councillor representing the Green Party