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First draft of budget goes to Nanaimo Council Monday

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Nanaimo City Council gets its first look at the draft budget Monday night.

Finance Director Brian Clemens says Council hasn’t had a chance to have any input yet, so the plan is likely to go through some changes.

Right now, it calls for a 1.8 per cent property tax increase, the better part of which will go into an asset management fund.


Clemens says that, coupled with increasing water, sewer and garbage fees, means that average household will pay about $60.84 cents more than last year.

Clemens says they’re also working on a “property tax estimator” that will make it easier for people to figure out what their tax bills are going to look like.

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