- Financial Management & Financial Planning
- Cash, Portfolio, and Debt Management
- Accounting and Payroll Services
- Collection of Tax and Utility Fees
- Financial Reporting and Analysis
- Policy Development and Financial Advice
- Insurance Claims and Risk Management
Patricia (Pat) Higgins
Director of Financial Administration
Property Tax Information
Find answers to frequently asked questions about Property Taxation such as: when property taxes are due, how to pay property taxes, how to claim the Home Owner Grant, Deferred Property Tax Program and Permissive Property Tax Exemptions- Not-for-Profit Organizations.
Information About Property Taxation
Annual Financial Report
The 2013 Annual Financial Report for the District of Coldstream is now available to interested members of the public. This report includes the audited Financial Statements for 2013, a progress report on 2013, goals and objectives for 2013 and 2014, and a number of other financial reports.
- 2013 Annual Financial Report - 4.0MB PDF
- 2012 Annual Financial Report - 8.7MB PDF
- 2011 Annual Financial Report - 3.73MB PDF
- 2010 Annual Financial Report - 3.01MB PDF
- 2009 Annual Financial Report - 2.81MB PDF
- 2008 Annual Financial Report - 7.29MB PDF
- 2007 Annual Financial Report - 2.45MB PDF
- 2006 Annual Financial Report - 800Kb PDF
- 2013 Consolidated Financial Statements - PDF
- 2012 Consolidated Financial Statements - 1.36MB PDF
- 2011 Consolidated Financial Statements - 1.24MB PDF
- 2010 Consolidated Financial Statements - 760Kb PDF
- 2009 Consolidated Financial Statements - 3.46MB PDF
- 2008 Consolidated Financial Statements - 3.71MB PDF
Budget and Financial Plan
The District of Coldstream 2014 Budget is a mix of investments in infrastructure, facilities, equipment and services. The parks service restructure was a primary focus in this year’s budget deliberations. Being this is the first year of takeover, Council budgeted conservatively based on the numbers provided by the Regional District of North Okanagan, but the District will need to monitor expenses and adjust accordingly as we move forward.
Your tax dollar, combined with grants, fees and other revenue sources, are all used to ensure the District continues to deliver top-quality services and infrastructure investment.
Taking into account our estimated growth revenues, the 2014 overall tax increase is approximately 2%. The average single‐family home in Coldstream, assessed at $447,000, will see an increase in the municipal portion of its tax bill of approximately $20, or $1.67 per month. The District has been proactive in implementing financial policies to better position ourselves for the future. Of the 2% tax rate, 1% is allocated for future infrastructure needs to our pavement management program and an additional 0.7% to be put into an operating reserve as we build up the parks service.
- $2.1 million allocated for capital projects which include the Pavement Management Program, Kidston multi-use path (Phase 2), Coldstream Creek bike path (Phase 1), SCADA upgrades (supervisory control and data acquisition via remote equipment), and renovations to the Quonset building in the public works yard
- Fire department investments
- New machinery and equipment
- Drainage projects
Sanitary Sewer Financing
Recognizing that connecting to the municipal sewer system can be costly, and yet wanting to encourage residents to connect, Council has passed a Sewer Financing Bylaw. This will allow you to connect to the sewer at this time, and pay the total costs of the connection over a period of 5, 10 or 15 years.
Sewer Financing Information and Application - 100Kb PDF
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