The Comox Valley Regional District (CVRD) will begin its 2024-2028 financial planning process on January 23rd and we’re looking for Comox Valley residents to get involved.
Each year, the CVRD updates the five-year financial plan outlining the operational and capital requirements of each service from one budget year to the next. Five-year financial plans are required by the province and the CVRD continues to develop long-term financial planning strategies to remain financially responsible and allow for effective service delivery.
Each service is reviewed and budgets are created based on approved work plans, organizational priorities, and sound financial practices. Beginning February 5th, core service overviews will be presented to the CVRD Board and individual services will be presented to their respective boards, committees and commissions for review and feedback.
“Budget presentations will occur until February 13th and we encourage questions, comments and feedback on the financial plans for all of our services,” explains Lucy Wiwcharuk, CVRD Chief Financial Officer. “Public feedback will be provided to CVRD Directors and responses will be given for each question. To align with the budget schedule, public feedback is encouraged before 4:30 pm on Wednesday, February 21st.”
We encourage the public to view the following budget presentations for each board/service:
- January 23 – Proposed budget delivered to the CVRD Board
- February 5, 6, 7 – CVRD Board, Electoral Areas Services Committee (EASC) and Black Creek-Oyster Bay (BCOB)
- February 13 – Sewer, Water, Recreation, Regional Parks
Following the budget presentations, any changes or updates requested by the Board will be incorporated into the budget bylaw, including the review of any public comments. The formal readings of the budget bylaw are then conducted on:
- March 12 - Recommended Budget Bylaw presented to the CVRD Board for 1st, 2nd and 3rd readings
- March 19 - Budget Bylaw presented to the CVRD Board for adoption.
Note: The CVRD is legally required to have its budget adopted by March 31.
Ways to Get Involved
- Visit our Engage Comox Valley page, where we explain the financial planning process and provide opportunities for public feedback, comments, and community conversation.
- Request a presentation to the CVRD Board or one of its committees through a formal delegation
- Contact a member of the CVRD Board
The Comox Valley Regional District is a partnership of three electoral areas and three municipalities operating on the unceded traditional territory of the K’ómoks First Nation, the traditional keepers of the land. The members of the regional district work collaboratively on providing sustainable services for the benefit of the diverse urban and rural areas of the Comox Valley.
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Media Contact:
Lucy Wiwcharuk
Chief Financial Officer
250-334-6004