• Vancity Lookout
  • Posts
  • Breaking down Vancouver mayor’s budget task force report

Breaking down Vancouver mayor’s budget task force report

A mix of things we already knew and one potentially controversial recommendation

After a year of promises, and a slight delay in delivery, the mayor’s much-touted budget taskforce, whose mission it was to find efficiencies and savings in Vancouver’s budget, has delivered their final report. So what does it entail? Is it the panacea the mayor was hoping for? 

I will attempt to break down the report, as well as offer some counterpoints to what they’re saying, so you understand the full context of what the report recommends. 

Background: The report introduction emphasizes that their purpose is to address two main issues — the “unsustainable climb in property taxes” and the $500-million gap in infrastructure spending. 

  • It should be noted that while the tax increases are high, Vancouver still has the lowest property taxes for any North American city.

Help fund our series on FIFA and save 20% off your membership

We want to be the voice of Vancouver locals when the World Cup arrives, telling both the good and bad. To unlock the rest of this exclusive story, and help fund our coverage, become a member today

Already a paying subscriber? Sign In.

A subscription to Vancity Lookout gets you:

  • • Risk free: Cancel anytime and get a 100% refund
  • • Unlock extra long-form stories and restaurant reviews
  • • Access entire archive of stories
  • • Support high-quality, local journalism in Vancouver
  • • Early access to Lookout events