Cranbrook council has given three readings to to the 2025-29 five-year financial plan that will see a 6.4 per cent tax levy increase.
Council had directed staff to target a five per cent increase, but the city was unable to meet that goal.
To achieve five per cent the 2025 tax levy would have to be reduced by $1.3 million.
CFO Charlotte Osborne says a survey they launched before budget discussions really helped assist in their decision making.
“Council directed staff to conduct a survey so residents could learn of the budget challenges and provide their feedback on the 2025 budget,” she said.
“The budget process was able to get underway with the community’s input early instead of at the end.”
The financial plan will be back for adoption at a future council meeting.
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