Taxation for Regional District residents is slightly different than for cities and towns. In accordance with the Local Government Act, the law that governs the activities of local governments, Regional Districts do not have the authority to collect taxes directly from residents or businesses. Instead, taxes for Regional District purposes are collected by the Province and by the member municipalities. For more information regarding Property Taxes go to the Ministry of Finance website at www.sbr.gov.bc.ca/individuals/Property_Taxes/property_taxes.htm. 

In addition to taxation, local services such as sewer, water and garbage are funded through utility billings.

Tax revenues are used to fund a wide range of regional services of benefit to everyone within the boundaries of the region, such as parks, 911 services and recycling. Tax revenues are also used to provide local services such as sewers and streetlights to residents and businesses within the electoral areas of the Regional District. The Regional District also coordinates funding for the Regional Hospital District to fund capital projects. Financial plans for the fiscal year are published by March 31st of the following year.   The 5-year financial plans are adopted by the Board by March 31st of each year.

Financial Plans and Statements

2011 - 2015 Financial Plan (108 pages)

2010 Financial Statement (54 pages)
2010 Central Okanagan Regional Hospital District Financial Statement (12 pages)
2010 - 2014 Financial Plan (102 pages)
2010 Financial Disclosure Schedules

2009 Financial Statement (56 pages)
2009 - 2013 Financial Plan (116 pages)
2009 Financial Disclosure Schedules

2008 Financial Statement (50 pages)
2008 - 2012 Financial Plan (123 pages)
2008 Financial Disclosure Schedules

2007 Financial Statement (50 pages)
2007 - 2011 Financial Plan (116 pages)
2007 Financial Disclosure Schedules

2006 Financial Statement
2006 - 2010 Financial Plan (147 pages)
2006 Financial Disclosure Schedules

2005 Financial Statement
2005 - 2009 Financial Plan (147 pages)
2005 Financial Disclosure Schedules

2004 Financial Statement
2004-2008 Financial Plan (131 pages)
2004 Financial Disclosure Schedules

2003 Financial Statement
2003 Financial Disclosure Schedules

2002 Financial Statement

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