Residential taxes will be rising in Langley City, but the percentages will be substantially less than the increase in assessed housing values.
On Monday, City Council gave preliminary approval to a financial plan that would raise municipal taxes for all types of housing by an average of 3.61 per cent.
If the plan wins final approval next month, the average Langley City single family home would pay $170 more in taxes this year or about six per cent, bringing the total tax bill for the year to $3,051.
Those numbers do not include school, TransLink and Metro Vancouver assessments that are added to the bill distributed by the City and increase it by 38 per cent.
The tax increase for the average Langley City multi-family home would be $39 or about three per cent, bringing the total for the year to $1,247, not including schools, transit and the regional authority.
A report presented to City council by Darrin Leite, Director of Corporate Services, showed the average assessed value of single family homes in Langley City has gone up 34 per cent, from $543,799 to $728,339, while the average for multi-unit residences has gone up 24 per cent from $205,161 to $253,636.
Leite said the $44.4 million budget will increase funding for public safety and managing homelessness in the City.
The number of available RCMP officers working in the City will be boosted by reducing the number of vacant positions at the local detachment.
As well, the City plans to increase bylaw enforcement and hire a community liaison coordinator to work on homelessness and crime prevention.
The Langley City Fire Service will be joining the multi-jurisdictional E-Comm dispatch network shared by most Lower Mainland municipalities.
The financial plan also calls for improvements to parks, boulevards and trails, including upgrades to pedestrian bridges, park facilities and a corridor improvement program to fix up walkways, boulevards, sidewalks, and medians.
The report said the City share of profits from the Cascades casino, projected to be $6.4 million this year, will keep taxes 2.5 per cent lower than they would have been without the gaming revenue.
The casino money will be used on various projects including bridge deck repairs on 200 Street, Douglas Crescent rehabilitation between 204 Street and 208 Street, as well as work on 56 Avenue.
Residents will have an opportunity to comment on the proposals at a financial plan open house on Wednesday, Feb. 1 at 6 p.m. in the Langley City Hall Finance Department foyer at 20399 Douglas Crescent.
There will also be a City Council Committee of the Whole meeting at 7 p.m. on Monday, Feb. 6.
Final approval of the plan is expected Feb. 20.