VANCOUVER



StatValueDate
Population662,2482021
Population631,4862016
Tax revenues$1.748 billion2022
Tax revenues$1.727 billion2021
Tax revenues$1.597 billion2020
Tax revenues$1.844 billion2019
Property tax$1.000 billion2022
Property tax$0.942 billion2021
Property tax$0.891 billion2020
Property tax$0.873 billion2019

Resources

financeservices

The Vancouver Police Board has submitted a revised 2024 provisional budget, which includes a $393,000 increase for Board administration and operations. The City Council is considering two options to address this budget change.

Option A
  • Approve the $393,000 increase, for a total 2024 Vancouver Police Board budget of $442,366,688 in expenditures and $30,266,454 in revenues.
Option B
  • Approve the $393,000 increase and authorize the Board to reallocate funding within the approved 2024 operating budget to accommodate this increase.
Key Details
  • The Police Act constrains the City's discretion over the policing budget, and the Board may require sufficient capacity to fulfill its governance responsibilities.
  • The $393,000 increase was not included in the approved 7.5% property tax increase, and if Option B is adopted, the incremental funding could be managed as a one-time 2024 expense.
  • If Council adopts Option B and the Board contests the decision, the matter could be referred to the Director of Police Services for a binding determination.
Timeline
  • The Council will consider the options at the Standing Committee on City Finance and Services meeting on April 24, 2024.
  • The Council approved the 2024 operating budget, including the Vancouver Police Department budget, on December 12, 2023.

services

Council Report Date: December 12, 2023

  • Grant for Temporary Shelter: $270,000 granted to BC Housing for one-year extension at 15-27 West Hastings.
  • Previous Decisions: Payments made to BC Housing for lease costs.
  • Housing Vancouver Strategy: Aims to create temporary shelters for homeless individuals.
  • Financial Implications: City to contribute half of annual lease costs for 2024 to February 2025 from 2024 ACCS Homelessness Services operating budget.