Fiscal Sustainability & Municipal Services

Updated September 2018

In 2016, Council took the significant step of creating an asset levy to provide for the maintenance and replacement of the District’s $1 billion worth of capital assets. Since then, we have developed policy guidelines and continued to build asset levy reserves to required levels. To ensure the economic resiliency of West Vancouver, we have also implemented:

  • key performance indicators and reporting
  • an Economic Development Plan
  • water and sewer servicing studies
  • a framework for the acquisition of new community assets
  • a new Land Fund and we have restructured the Endowment Fund
  • a new utility rate structure
  • an updated Sponsorships, Partnerships and Naming Rights Policy

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