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City of North Vancouver tables 2.9% tax increase
nsnews.com/newsletter
SACRIFICE AND SERVICE
BRENT RICHTER
brichter@nsnews.com
City of North Vancouver homeowners are looking at a 2.9 per cent increase in property taxes in 2026.
Council got an early start on next year’s budget, which staff say has been tailored with taxpayer affordability as its primary concern. Of the 2.9 per cent increase, 0.9 per cent will go toward growth in the operating budget. Another one per cent will be put toward capital projects and replacement of aging infrastructure, and a one per cent increase is being set aside for the $49.5-million replacement of the North Shore Neighbourhood House facility. Keeping the operating budget under the rate of inflation required staff to find a lot of efficiencies, said Larry Sawrenko, chief financial officer. “Staff of the city really pulled together in a process that I’m not sure will be repeatable every year, and I think one of the net results, I just should highlight, is that this financial plan does leave less capacity for staff to respond to new initiatives that may arise throughout the year,” he told council Nov. 3. The new $230 million Harry Jerome Community Recreation Centre is expected to come online in 2026, on budget but with about $109 million in outstanding debt. Staff said that debt will be retired when the city sells or leases the Continued on A24 LARGEST SELECTION OF NEW & USED PHOTO GEAR IN WESTERN CANADA
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WE REMEMBER Members of the Royal Canadian Legion, West Vancouver Branch 60 march at Capilano View Cemetery on Sunday, Nov. 9 during their annual ceremony of remembrance. Each year West Vancouver Secondary students and legion members place crosses on the graves of veterans in honour of their service. ABBY LUCIANO / NSN
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