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GFOABC QUARTERLY QUESTION: What are you seeing for 2027 property tax or requisition increases?

2027 Financial Planning: Pressures & Priorities

Thank you to the GFOABC Member Services Committee for helping inform this Quarterly Question.

As local governments begin preparing their 2027 financial plans, they are navigating rising costs, competing priorities, and the transition to newly elected councils and boards. This Quarterly Question explores where local governments are in their financial planning process, the pressures shaping their budgets, and the advice finance professionals would offer incoming elected officials about their role in financial planning. Your insights will help GFOABC identify emerging trends, inform future professional development, and support conversations across our local government finance community.

The survey takes approximately 5 minutes to complete. Thank you for sharing your perspective!
1.Your local government type:(Required.)
2.Your local government name:(Required.)
3.Your email address:(Required.)
4.Are you the statutory financial officer for your local government?(Required.)
5.At what stage is your local government’s 2027 financial planning?(Required.)
6.To what extent are the following factors creating financial pressures as your
local government develops its 2027 financial plan?(Required.)
No impact
Minor impact
Moderate impact
Significant impact
Very significant impact
Not Applicable / unable to assess
Employee compensation and benefits
Contracted services, materials and supplies
Insurance and utilities
Maintaining existing service levels
Infrastructure maintenance and asset renewal
New infrastructure and capital investment
Debt servicing and financing costs
Reduced or uncertain external funding
7.Has your local government identified a preliminary percentage increase in property tax revenue or requisition requirements for 2027?(Required.)
8.What preliminary percentage increase is your local government considering for 2027 property tax revenue or requisition requirements? Select the range closest to your current estimate or working scenario.(Required.)
9.What is the most important advice you would give incoming council or board members about their role in financial planning?
10.Is there any additional context about your 2027 financial planning process or anticipated tax or requisition increase that you would like to share?
Thank you for sharing your perspective through GFOABC’s Quarterly Question!

Your insights help us better understand the financial pressures and priorities facing local governments across BC.

What's next? We'll share a summary of the results with members, highlighting emerging trends, common challenges, and advice for incoming councils and boards.

We'll also use what we learn to shape future member forums, professional development, and conversations that support you in your work.

Thank you for helping us build a stronger local government finance community!