City finances, taxation, and service delivery
28 commitments from 10 parties, grouped by who published them.
TEAM for a Livable Vancouver 7
- Limit property tax increases to the rate of inflation.ββ
- Reduce city expenditure on administration and non-core services to improve access to core city services and amenities.β
- Stop spending City funds on programs that are clearly provincial or federal responsibilities, while holding senior governments accountable for funding those services.β
- Continue the Long-Term Financial Sustainability and Municipal Finance Reform initiativeβthe joint UBCMβProvincial Government review of new options for funding municipal services and reducing property tax impacts.β
- Act on service-delivery proposals and spending efficiencies identified by Vancouver's Auditor General.ββ
- Review the City's financial structure and policies to ensure consistency with best practices and transparency for citizens.β
- Conduct a thorough review of the Operating and Capital budgets to document cost increases over the past decade, identify essential versus supplementary services, develop benchmarks for service cost and value, and establish purpose statements for supplementary services.ββ
Vancouver Liberals 5
- Hire 400 unionized frontline workers to deliver city services.β
- Cancel the planned second City Hall project and reinvest the funds into services such as pools and parks.β
- Find a way to make event policing costs affordable for all community events to reduce barriers for festival organizers.β
- Implement a tax on luxury yachts over 40 feet and use the funds to provide property tax cuts for family doctors, walk-in clinics, food banks, and the creative sector.β
- Ban foreign travel for councillors and city staff.β
Bright Future Vancouver 3
- Apply a 2% surcharge on luxury properties valued at $5 million or more.β
- Seek legal authority, likely involving the Province, to establish a dedicated marginal luxury infrastructure levy on residential properties assessed above $5 million, with revenue placed into a protected public fund.β
- Include a deferral mechanism for eligible low-income seniors or fixed-income homeowners above the $5 million threshold, allowing the levy to be deferred until sale, transfer, or redevelopment.β
COPE 3
Affordable Housing 2
- Implement a land appreciation tax on the sale of land, applied only to value above the 2022 land assessment and only upon sale.β
- Implement a progressive property tax with an additional rate bracket applied to the most valuable 20% of single-family lots, with deferral available for owners aged 55 and over until the property is sold.β
Green Party of Vancouver 1
- Propose a City Comptroller by-law for transparent budget efficiency and asset management.β
OneCity Vancouver 1
- Recertify Vancouver as a Living Wage Employer, raising the city's wage floor to the Metro Vancouver living wage rate.β
TrueBlue Vancouver 1
- Control property-tax increases, audit City Hall spending, and cut wasteful programs and bureaucracy to focus spending on essential municipal services.β
Vote Vancouver 1
- Work to keep property tax increases in line with inflation.β