2026-2030 Five-Year Financial Plan and Budgeting Process
Each year, the City of Kimberley develops a Five-Year Financial Plan that outlines key projects, anticipated spending, and funding strategies. This plan helps guide investments that support a vibrant, resilient community, while keeping taxes fair and sustainable for residents and businesses.
The planning and approval process for the 2026-2030 Five-Year Financial Plan and Budget 2026 is complete. Click the link below to review the Five Year Financial Plan Overview.
2026-2030 Five Year Financial Plan Overview
Below you will find details about past and upcoming meetings in the planning process. As materials become available - including staff reports, presentations, and links to view the meetings online - they will be posted below the corresponding meeting. The public is also welcome to attend in person. All sessions will be held in Council Chambers at City Hall.
We welcome public input throughout the process. Share your thoughts or ask questions using the feedback form located on Engage Kimberley.
2026-04-27: Update
Kimberley City Council has adopted the 2026 Tax Rates Bylaw, which includes a 3.23% municipal property tax increase.
For the average home in Kimberley, assessed at $598,426, the increase will result in an annual increase of about $177/year or $14.75/month.
The increase helps support day-to-day City services, plan for long-term infrastructure needs, and contribute to major community projects and services. Every cent is being maximized to make Kimberley a safe, enjoyable, and affordable place to be.
Residents are encouraged to learn more, ask questions, and share feedback on Engage Kimberley.
Meeting #1: Revenue Policy Overview - November 17, 2025
City CFO Krista Waite presented an overview of the City's primary revenue sources and sought Council's direction on tax distribution across assessment classes, flat tax adjustments, and utility rate adjustments. This meeting marks the first step in developing the 2026–2030 Five-Year Financial Plan.
Meeting #2: Capital/Non-Capital Project Plan - December 1st, 2025
CFO Waite presented proposed capital and non-capital projects for inclusion in the 2026–2030 Financial Plan.
Meeting #3: 2026-2030 Operating Budget Presentation - January 19th, 2026
City CFO Waite presented the 2026 - 2030 Operating Budget and requested Council input and discussion.
Meeting #4: 2026-2030 Five-Year Financial Plan Presentation - February 17th, 2026
CFO Waite presented the final Operating and Capital plans with any Council-initiated changes from previous meetings.
Meeting #5: 2026-2030 Five-Year Financial Plan and the 2026 Tax Rates Bylaw Presentation - April 13th, 2026
CFO Waite presented the draft 2026–2030 Financial Plan and the 2026 Tax Rates Bylaw.
Meeting #6: 2026-2030 Five-Year Financial Plan and the 2026 Tax Rates Bylaw - April 27th, 2026
At a Regular Meeting of Council, the final 2026–2030 Financial Plan and 2026 Tax Rates Bylaw was adopted.