Comox approves five-year financial plan

Comox council has adopted its five-year financial plan, with an overall increase of 2.7 per cent.

Comox council has adopted its five-year financial plan, with an overall increase of 2.7 per cent, based on its strategic priorities of downtown vitalization and marina enhancement, fiscal balance, infrastructure asset management, improved planning application time lines and processes, and Official Community Plan implementation.

An average single-family home in Comox will pay an additional $43 in property taxes and an additional $56 in water, sewer and garbage fees this year.

Some of the projects planned for this year include the implementation of a curbside organics collection program, rebuilt tennis courts at Anderton Park, a design for a new Parks and Public Works facility, and a new water line along Birch Street.

“Council has placed a high priority on addressing the infrastructure deficit in Comox,” stated Mayor Paul Ives. “The Town has budgeted for $3 million in road-resurfacing projects that will include Guthrie Road, Robb Avenue, Beach Drive, Cedar Avenue, Cortez Crescent, Denman Street, Fir Avenue, Hawthorn Place, Hemlock Avenue, Holly Place, Murphy, Beaton and Walnut Avenue.

“It will be another busy year in Comox,” added Ives.

— Town of Comox

 

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