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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.

News Release: Proposed 2023 Budget Prepared for Council's Consideration

Property Tax Notices are mailed the end of May 2023, due July 4, 2023.

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2023 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.

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.

Information and Resources 

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

  • Coming soon the Comox Financial News 2023 

2023 Detailed Financial Plan Reports and Presentations

Meeting Date 

Type of Presentation

February 1, 2023, 5 p.m. Council Chambers 
Watch the meeting here

Capital and special projects, utility service rates  

February 15, 2023, 5 p.m. Council Chambers
Watch the meeting here

Operating budget

May 3, 2023, 5 p.m. Council Chambers
Watch the meeting here

Tax setting after BC assessment releases their updated property roll numbers 

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 2022 confirmed by the Town via its various departments below.