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.

Budget

Every year, the District proposes a budget and collects community feedback prior to Council consideration and approval.

Quarterly Reports

The quarterly financial reports provide information about the District's financial performance to the approved budget.

Annual Reports

The District was awarded the Canadian Award for Financial Reporting for its 2020 Annual Report.

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.

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.

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.

Framework for Evaluating Community Proposals

You are welcome to approach the District of West Vancouver with proposals to build new community assets or upgrade or enhance existing assets and associated services.

Property Tax and School Taxes

Find out more about property tax, school tax, speculation tax and more.