Most Canadian cities get the majority of their revenue from property taxes and service fees, as is the case in the City of West Kelowna.
Taxes are collected from various property classes (commercial, industrial, residential, etc.) and the money is used to: operate and maintain arenas, community centres, parks, roads, sidewalks and streetlights; provide programs; staff services like bylaw enforcement, fire fighting and policing; and transfer funds to reserves for future capital (infrastructure), equipment and other costs.
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Fees for service are collected for providing curbside garbage, recycling and yard waste collection and maintaining, operating and upgrading sanitary sewer and water systems. The city also receives income from building and development permits, fines and penalties, interest and returns on investment; services provided to other municipalities; and grants from senior governments and agencies.
The 2018 to 2027 Financial Plan forecasts municipal revenues totalling $68.6 million in 2018:
Property taxes - $31.1 million
Service fees (building, recreation, service agreements, etc.) - $18.5 million
User and utility fees (garbage collection, sewer, water, etc.) - $14.7 million
Grants and transfers from other governments - $1.5 million
Other income (interest and returns on investment, fines collected, etc.) - $1.2 million
Transfers from reserves - $900,000
Payments from utility companies in lieu of taxes - $500,000
Property tax exemptions - $200,000
The City of West Kelowna will also collect approximately $21.8 million for other levels of government to support schools, hospitals and the programs and services of the Regional District of Central Okanagan, such as the Regional Waste Water Treatment Plant on Gellatly Road and the Residential Waste Disposal and Recycing Centre on Asquith Road.