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CVRD Budget Process Begins

Wednesday, January 22, 2025 at 7:36 AM

By Jay Herrington

(PHOTO Comox Valley Regional District - Local Government Facebook)

The Comox Valley Regional District will begin its 2025-2029 financial planning process on January 28th and is looking for Valley residents to get involved.

Each year, the CVRD updates the five-year financial plan outlining the operational and capital requirements of each service from one budget year to the next.

Five-year financial plans are required by the province and the CVRD continues to develop long-term financial planning strategies to remain financially responsible and allow for effective service delivery.

Each service is reviewed, and budgets are created based on approved work plans, organizational priorities, and “sound financial practices.”

Beginning February 3rd, core service overviews will be presented to the CVRD Board and individual services will be presented to their respective boards, committees and commissions for review and feedback.

Budget presentations will occur until February 12th, following which, any changes or updates requested by the Board will be incorporated into the budget bylaw, including the review of any public comments, with things going to the CVRD Board for adoption on March 18th.

For more information visit Engage Comox Valley.

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