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Regional District Approves 2020 – 2024 Budget

The Board approved its 2020-2024 Financial Plan, focusing on an investment in infrastructure and building organizational capacity to ensure the sustained and efficient delivery of SRD services.

Campbell River, BC – At its February 26 meeting, the Strathcona Regional District Board approved its 2020-2024 Financial Plan, focusing on an investment in infrastructure and building organizational capacity to ensure the sustained and efficient delivery of SRD services. The Financial Plan provides the framework that will help guide the Regional District’s work for the next five years and will drive the Board’s strategic priorities and key work projects forward.

“This budget demonstrates our commitment to plan for the future,” says Strathcona Regional District Chair Michele Babchuk. “We have aging infrastructure that requires real investment in order to meet the changing demands of our constituents. The Regional District will continue to capitalize on grant opportunities to help keep taxes low while improving its service delivery.”

The 2020-2024 Financial Plan provides funding that will help to achieve the Regional District’s vision and strategic objectives. The Board’s investment in technology, including records and asset management programs, will help build capacity while creating efficiencies within the organization. Additional funding is also being allocated to the Strathcona Gardens Recreation Complex capital reserves to support a long-term vision for the facility.

The 2020 consolidated operating budget for the Regional District ($42.7 million) supports services including parks, utilities, liquid and solid waste systems, fire protection, emergency preparedness programs, transit, and a full-service sports and recreation facility.

The Regional District’s 2020-2024 Financial Plan invests in several large projects, including:

  • Ongoing participation in the Strathcona Community Health Network
  • Planning for a major redevelopment of the Strathcona Gardens Recreation Complex
  • Improving high-speed internet accessibility to rural and remote areas with the Connected Coast project
  • Planning for climate change and sea level rise with floodplain mapping
  • Water & sewer infrastructure replacement
  • Wharf refurbishment

For more information about the Strathcona Regional District’s financial process or to view the approved budget, please visit www.srd.ca/financial-planning.

The Strathcona Regional District is a partnership of four electoral areas and five municipalities providing services to approximately 44,000 residents.

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Media contact:
Dave Leitch, Strathcona Regional District
Chief Administrative Officer
250-830-6703 | dleitch@srd.ca