2017-2021 Financial Plan

The financial plan, which includes the current year’s budget and taxes, sets out the planned services and initiatives for the next five years, and how the City will pay for them. More info about City budgets.

The 2017-18 budget maintains the City’s ongoing focus on infrastructure, community livability and a new Community Recreation Complex.

Total City property taxes and levies for an average home (assessed at $682,859) will increase 4.23%, or $113.91. This includes increases for the water, sewer and solid waste utilities, as well as a $25 parcel tax (a flat amount applied to all properties at $25/parcel from 2017 to 2020) for the recreation complex. The increase is equal to:

  • $131.03 for an average single-family home (assessed at $883,239)
  • $94.70 for an average townhouse (assessed at $445,083)
  • $73.04 for an average apartment (assessed at $336,660)

Even with the increase, Port Coquitlam taxpayers continue to pay less for city services than the average Metro Vancouver municipal taxpayer.

Public consultation took place March 24 to April 11, 2017 and included a mailout to all households and detailed information online. In total, 640 people took part in the online survey.

The feedback showed:

  • More than two-thirds (68 per cent) of respondents believe they get good value for their municipal tax dollars. Services that received the highest praise were parks and trails, fire, policing, waste collection, and recreation and culture.
  • Roads and sidewalks continue to be key issues for residents. About 58 per cent of respondents cited potholes and overall poor road condition as problems, and a third favoured spending more on road maintenance or other general transportation improvements, including sidewalks and lighting.

Responding to the public demand for road repairs and sidewalks, Council decided to spend $88,000 more in 2017 on road and pothole repairs and $500,000 more in 2018 on sidewalks. The funding will come from reserve accounts so won’t affect this year’s tax increase.

The feedback was considered by Council before the budget is finalized, and will also help guide Council’s decision-making throughout the year.

  • About $29 million for city-wide road, sidewalk and utility upgrades,
  • Funding for the Community Recreation Complex, a vibrant community hub that will bring new and enhanced amenities,
  • Three more officers for the Uniformed Crime Reduction Unit dedicated to Port Coquitlam, added to the four officers added in 2016,
  • Five new firefighters in 2017 and two more in 2018 to keep up with increasing call volume,
  • Development of a long-term sustainable infrastructure management plan,
  • A new community garden that will encourage participation by people of all ages,
  • Support for PoCo Sports Alliance service delivery and community sport development, and
  • Expansion of the Pianos on the Street program in 2018.
  • Completion of the Official Community Plan update, including public consultation in 2017,
  • Economic development activities such as updating the Downtown Action Plan and developing a new Northside Commercial Plan,
  • Increasing events and programs at Leigh Square and enhancing marketing for arts, culture and recreation services,
  • Hosting of the PoCo Grand Prix in downtown Port Coquitlam,
  • Technology improvements including the launch of an overhauled city website, development of a comprehensive city mobile app, upgrades to the recreational registration software, new software to improve records management, and exploration of technological innovation in partnership with TELUS,
  • Coordination of the municipal and school board election in 2018,
  • Update of the Environmental Strategic Plan, and
  • Update of the Disaster Recovery Directory to identify services available after a disaster.

Budget Development

Public consultation is a critical part of each year’s budget development. Steps include:

  • December 5 and 6, 2016: City departments presented their business plans, outlining their proposed services and projects for 2017-18.
  • December – March: Development of draft budget
  • March 24 – April 11: Public consultation
  • Late April: Council reviews public feedback
  • May 1: Final budget deliberations
  • May 2: First to third reading of Financial Plan Bylaw, Solid Waste Rate Bylaw and Tax Rates Bylaw at special Council meeting
  • May 4: Bylaw adoption
  • May 23: Property tax bills mailed

Department 2017 Business Plans

Please click the links to view a PDF of the business plan.

Provide Your Feedback

budget box header

The public is invited to comment year-round on the City's Financial Planning process through:

Contact

Tel 604.927.5280
Email budget@portcoquitlam.ca

Location and Mailing Address

City Hall, 1st Floor
2580 Shaughnessy Street
Port Coquitlam BC  V3C 2A8

Business Hours: 8:30 am to 4:30 pm, Monday to Friday (excluding statutory holidays)