Budget

As required by the Community Charter, annually the Town updates its 5-year Financial Plan to balance the changing needs and priorities within the community, which then establishes the annual Tax Rate Bylaw.

Property Tax Notices are mailed the end of May 2022, due July 4, 2022.

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2022 Residential and Business Taxes

Property taxes are one of the ways the Town collects revenue to pay for Town services. The amount you pay is based on the funds the Town needs to provide Town services each year. These Town services include Police, Fire Rescue, Development, Building Services, Roads, Storm Drains, Parks, Recreation, and current and future infrastructure replacement.

Council approved a residential property tax increase of 4.80% for 2022.

Please be aware that the Town of Comox does not control the levies from other taxing authorities that appear on your tax notice (Schools, Hospital, Library, Regional District, BC Assessment Authority, and Municipal Finance Authority). The Other Taxing Authorities make up 55% of property value tax on your Tax Notice.

View the Comox Financial News June 2022 Newsletter (PDF) for additional information.

2022 Detailed Financial Plan Reports and Presentations

March 2, 2022, Regular Council Meeting:  Watch the meeting, View the Agenda and related reports (PDF)

January 12, 2022, Special Council Meeting  View the Agenda with related reports (PDF) as follows:

To see prior years' documents, visit the Reports & Publications page.

In-Kind, Cash, and other Contributions from the Town of Comox

You can view a complete summary of the charitable contributions in 2021 confirmed by the Town via its various departments below.