Under the direction of our Chief Financial Officer, Holly Ronnquist, the RDEK's Financial Services Department is responsible for the preparation of our 5-Year Financial Plan, including our annual operating and capital budget.  The 5-Year Financial Plan is presented to the Board of Directors and is also open to the public for review and comment, generally in the second week of February each year.  It is formally adopted by the Board in March.

In addition to the financial plan and the related provincial reporting requirements, the Finance Department looks after the day-to-day financial transactions of the Regional District, including accounts payable and receivable, utility billing, collection of tipping fees, payroll, and processing payments.

About Taxes

The annual operating budget determines what the tax rates will be; however, the Regional District does not directly collect taxes. The Provincial Government Agents office (Service BC) is responsible for the collection of taxes in the rural areas of BC. Municipalities collect the regional district taxes directly from citizens within their boundaries.

BC Assessment is a Crown Corporation that produces annual property assessments for all property owners in the province. If you have questions about your Property Assessment Notice, please contact BC Assessment.

Current Five-Year Plan:

The RDEK Board adopted the 2024-2028 budget at its meeting on Friday, March 8, 2024. 

• 2024-2028 Five Year Financial Plan (adopted March 8, 2024) **NOTE: Very large file - will take time to download**
  • If you open the file on a computer, make sure your bookmarks tab is open (top left, will look like a table of contents icon usually), and then click on the small black sideways triangles to open the different sections of the budget for quick navigation.
• 2024 Budget Snapshot (based on the budget adopted March 8, 2024)

A Financial Plan project page was also established on engage.rdek.bc.ca and you can view copies of the draft documents there.

Past Five-Year Plans and Financial Statements: