TOWN OF VIEW ROYAL 
BYLAW NO. 1153 
 
 
A BYLAW TO AUTHORIZE THE FINANCIAL PLAN FOR THE YEARS 2025-2029 
 
 
The Council of the Town of View Royal, in an open meeting assembled, enacts as follows: 
 
 
1. 
This Bylaw may be cited for all purposes as the “Financial Plan Bylaw No. 1153, 2025”. 
 
2. 
Schedule ‘A’, attached hereto and forming a part of this Bylaw, is hereby adopted as the Consolidated 
Financial Plan for the Town of View Royal for 2025 to 2029. 
 
3. 
Schedule ‘B’, attached hereto and forming a part of this Bylaw, is hereby adopted as the Consolidated 
Capital Plan for the Town of View Royal for 2025 to 2029. 
 
4. 
Schedule ‘C’, attached hereto and forming a part of this Bylaw, is hereby adopted as the Consolidated 
Reserves Plan for the Town of View Royal for 2025 to 2029. 
 
5. 
That authority to make expenditures and transfers in accordance with Schedules ‘A’, ‘B’ and ‘C’ of the 
Financial Plan is delegated to the Chief Administrative Officer and Director of Finance provided that 
corporate policies and procedures are followed. 
 
6. 
Schedule ‘D’, attached hereto and forming a part of this Bylaw, is hereby adopted as part of the Financial 
Plan for the Town of View Royal for 2025 to 2029. 
 
 
 
 
READ A FIRST TIME THIS 6th DAY OF MAY, 2025.  
 
READ A SECOND TIME THIS 6th DAY OF MAY, 2025.  
 
READ A THIRD TIME THIS 6th DAY OF MAY, 2025. 
 
ADOPTED BY COUNCIL, SIGNED BY THE MAYOR AND THE CORPORATE OFFICER AND SEALED WITH 
THE SEAL OF THE TOWN OF VIEW ROYAL THIS 13th DAY OF MAY, 2025. 
 
 
 
 
 
 
 
 
 
 
MAYOR 
CORPORATE OFFICER 
 
 
 
 
 

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Schedule ‘D’ 
 
Financial Plan Objectives and Policies 
Funding Sources 
 
Objectives 
 
1. The Town of View Royal will be financially sustainable. 
 
2. The Town of View Royal will reduce its use of casino grant funding for delivery of ongoing operational 
services and focus the casino grant funding priority on acquisition, renewal, or replacement of 
municipal infrastructure. 
 
Policies  
 
1. The Town of View Royal will examine municipal services to determine the suitability of user fees as 
the primary source of funding. Property value taxes will fund annual operations that would be difficult 
or undesirable to fund on a user-pay basis.  
 
2. The Town of View Royal will examine the life cycle costs of all new infrastructure and new services 
before initiating. Operating, maintenance, and replacement costs for all existing infrastructure will be 
included in its five-year financial plan. 
 
3. Services funded by user fees shall pay an administration fee. 
 
Proposed proportion of total revenue from each source (five-year average) 
 
Revenue source 
% of Total Revenue 
Property value taxes 
63% 
User fees 
16% 
Other revenue 
21% 
Total 
100% 

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Distribution of Property Value Taxes 
 
Objectives 
 
1. To ensure property value taxes remain affordable and reasonable for services provided. 
 
2. To maintain consistent tax burden for all property classes. 
 
 
Policies 
 
1. Regularly review the affordability of property value taxes for each property class relative to other 
classes. 
 
2. Regularly review and compare the Town of View Royal’s distributions of tax burden relative to other 
municipalities in the region and historically. 
 
Permissive Tax Exemptions 
 
Objective 
 
To enhance the quality of life (economic, social and cultural) in View Royal by providing financial 
assistance to organizations that serve this objective. 
 
Policies 
 
1. Eligible organizations include non-profit and charitable or philanthropic organizations, athletic or 
service clubs or associations and places of worship and care facilities whose use of exempted land 
and improvements must provide a benefit to the community. 
 
2. Permissive tax exemptions may be provided for land, improvements, or both for a period up to ten 
years where it is demonstrated that the services or benefits offered to the community are of a similar 
duration. 
 
3. Council may impose conditions on the exempted land or improvements or both to effect a particular 
desired outcome deemed to be of benefit to the community.  
 
4. Applications for permissive tax exemptions must be consistent with municipal policies, plans, bylaws 
and regulations.