The Finance Department is responsible for budgets, collections, and financial reporting. The department issues tax notices, utility billings, invoices, business licence renewals, and the billings for the Comox Municipal Marina.
Online documents that are of interest are listed below. If you have questions about them or are seeking other documents, please contact the Finance Department.
|Director of Finance:||Clive Freundlich|
2021 Budget Update
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 2021, due July 2.
Important Update on 2021 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 4.95% which was much lower than the 9.3% required, due to increases in RCMP costs. This increase reflects overall rising costs and an increased bill for policing. Municipalities with populations from 5,000 to 14,999 pay 70% of the RCMP policing cost as per the agreement with the Province. The Town's share of costs will rise to 90% (approx. $500,000 more) as the Town crosses the 15,000 population mark in the 2021 Census. Council was able to do this through the use of funds in the public safety reserve which were set aside for this purpose and the COVID-19 Safe Restart grant.
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 account for 55% of property value tax on your Tax Notice.
2021 Detailed Financial Plan Reports and Presentations:
April 7, 2021, Regular Council Meeting: View the Agenda and related reports here.
March 10, 2021, Special Council Meeting: Review the Agenda with related reports as follows:
- 2021 Grants in Aid Staff Report
- 2021 Core Operating Budget and Staff Report, including 5 Year Financial Plan
- 2021 Capital and Special Projects Budget and Staff Report
In-Kind, Cash, and other Contributions from the Town of Comox
Click here to view a complete summary of the charitable contributions in 2021 confirmed by the Town via its various departments.
Prior Years Documents
2020: 2020-2024 Financial Plan | 2020 Newsletter | 2020-2024 Capital Spending | 2020 Town Taxes | 2020 All Taxes (All Taxing Authorities)
2019: 2019-2023 Financial Plan | 2019 Newsletter | 2019-2023 Capital Spending | 2019 Town Taxes | 2019 All Taxes (All Taxing Authorities)
2019 Statement of Financial Information - public reporting under the Financial Information Act
2018 Statement of Financial Information - public reporting under the Financial Information Act
2017 Statement of Financial Information - public reporting under the Financial Information Act
2016 Statement of Financial Information - public reporting under the Financial Information Act
2015 Statement of Financial Information - public reporting under the Financial Information Act
Property Tax Rates in 2019 and prior years - Tax Rate Schedules from prior years
Delinquent Tax Sales under Local Government Act - Sections 403 to 427 of the Act, which sets the rules for tax sales and the subsequent redemption or title registration.