Town of Golden releases 2025 Budget Book and invites public feedback

The Town of Golden’s proposed 2025-2029 financial plan is now available as part of the 2025 Budget Book online at golden.ca/budget, and in-person at Town Hall. 

At the March 18, Regular Open Council meeting, Mayor and Council passed the first reading of the proposed budget and five-year financial plan. The Town is committed to sound financial management and developing a responsible budget. 

“The 2025-2029 Five-Year Financial Plan is a roadmap that reflects our commitment to responsible governance, sustainable investment, and quality service delivery for the community of Golden,” said Mayor Ron Oszust. “Council will continue working with all levels of government, local organizations, and residents to support community values and quality of life for current and future generations.”

Highlights from the 2025 Budget:

  • Investing in core infrastructure: Key projects include the continued development of Well 7, sanitary sewer pipelining and system inspections, and the milling and repaving of 8th Avenue South as part of ongoing infrastructure renewal.
  • Enhancing community amenities: 2025 will see the construction of four new pickleball courts and two tennis courts at Keith King Memorial Park, supported by grant funding and community partnerships.
  • Planning for a resilient and growing future: The process will start on a new Official Community Plan (OCP), updates to the Development Cost Charges (DCC) Bylaw, and increased support for the Golden and Area “A” Emergency Management Program.
  • Budget increase: The proposed 8.97% increase to the municipal budget helps offset rising operational costs while minimizing the impact on taxpayers. Based on what is proposed in the Budget Book, the estimated average property tax increase is approximately 3.5%, consistent with trends seen across B.C. municipalities.

“We want residents to feel confident and informed about how their tax dollars are being invested, which is why we have re-worked the presentation of the budget for greater clarity and transparency,” said Chief Administrative Officer, Jeremy Denegar. “Public feedback is critical to shaping a budget that aligns with community priorities. We encourage everyone to review the 2025 Budget Book and share their input to help guide our financial decisions moving forward.”

Residents are encouraged to help shape Golden’s financial priorities by providing feedback on the proposed budget. Provide your feedback from now until April 9 through the following opportunities:

The public consultation period ends on April 9, 2024. 

For more information, and to stay informed, visit golden.ca/budget.

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