Message from the CFO

Welcome to the FVRD'S 2025-2029 Financial Planning public engagement site! It is very important for all of us at the FVRD to hear from the residents we serve. Budgets and taxes are not always the most favorite topic but it is so important to ensuring the stability to the services we provide. Staff take pride in their roles and budgeting is no exception. For each and every service that the FVRD provides, there are materials that explain what the budget is for; the proposed upcoming projects; the proposed five-year financial plan as well as articulating the risks associated with those budgets. If the terminology is too technical, we have a glossary of key terms to help navigate the world of regional district budgeting.

No stone is left unturned. We recognize that costs are rising; they are for us too. Budgets are focused on legislative requirements and existing commitments before exploring new projects. In the preparation of the budgets we review the status of the current year spending first and then determine whether any dollars can be reallocated before considering tax increases.

The Financial Planning process is long as we ensure that there are appropriate check-points along the way. This site will continue to be updated along the way, so please continue to check-back and send us your feedback. Ultimately, the Plan must be approved by March 31st.

Thank you for taking the time to learn more about the FVRD's Financial Plan. Please share your thoughts with us by emailing budget@fvrd.ca - we want to hear from you!

Learn About Regional District Budgets and Taxes

The Fraser Valley Regional District provides a broad range of services to its residents. Services are categorized based on the areas that benefit. For example, regional services apply to all FVRD residents, sub-regional services apply to a portion of FVRD residents, and local services are provided for electoral area residents.

In regional districts, residents pay only for the services they receive. This means that no single taxpayer in a regional district will be taxed in the exact same way because taxes are calculated on the specific services received. Sometimes, properties that are quite close to one another will have different charges on their tax bill.

A unique aspect of regional districts is that unlike municipalities, money collected for one service area budget cannot be transferred to another service area budget. It is crucial that we take the time to appropriately plan for each and every budget on its own merit.

Check out the Budget Processes tab below for a deeper dive into the budget process and how it affects your taxes. You can stay informed by subscribing to the project to be notified when new documents and content are uploaded.

Tell Us What You Want to Know

We hope to answer your questions about regional district finances and taxes through this site. This is your place to:

• learn about regional district finances; how they're calculated and how they're collected
• ask questions about the financial planning process
• provide your feedback