Financial Information
The District of West Vancouver has adopted a Long Term Financial Plan (LTFP), for resiliency, to provide high levels of services and to manage its assets in the best possible way. 2018 marks the third year of addressing asset maintenance through an asset levy. This is critical if we are to maintain our infrastructure, which includes everything from transportation infrastructure to parks to IT infrastructure to community centres to water and sewer lines.
2020 budget
Like any business or household, each year the municipality is challenged with increased costs. The cost of providing services must be balanced with a tax increase the community can afford at any one time. More Information
Past Budgets
The District began building the asset reserve in 2016 while continuing to provide you with municipal services of the highest quality. More Information
Quarterly Reports
First, second and third quarter reviews More Information
Annual Reports
The District's Annual Reports for the years 2005 through 2014 were awarded the Government Finance Officers Association of the United States and Canada (GFOA) Canadian Award for Financial Reporting. More Information
Financial Information Act Reports
The Financial Information Act regulations require all local governments, to make available to members of the public certain detailed financial schedules in addition to the regular year end financial statements of the District. More Information
Investment Reports
The District has significant ongoing surplus and reserve balances (during tax due date, for example). These funds are invested within the restrictions of the Community Charter and the District’s Investment Policy to earn a return for the District. More Information
Fiscal Sustainability Review
The twenty-year projections show that, in the General Fund, the District has an infrastructure gap in the long-term forecast due to insufficiently dedicated reserves for replacement of capital assets. More Information
Provincial School Tax
As announced in the province's 2018 budget, an additional school tax will be applied to all residential properties in the province valued at $3 million and above. More Information
Contact
For more information, please contact Financial Services.