FVRD Adopts 2026-2030 Financial Plan
March 27, 2026
NEWS STORY
For Immediate Release
March 27, 2026
FVRD Adopts 2026-2030 Financial Plan
The Fraser Valley Regional District (FVRD) Board of Directors adopted the 2026-2030 Financial Plan Bylaw on Thursday, March 26, 2026.
This Financial Plan is anchored in a unified approach to build upon the focus of the 2025 Financial Plan. Mitigating cost increases, finding efficiencies in services, utilizing savings or external funding if available, and a transparent approach for new projects if requested by the public or required to maintain existing service levels guide the 2026 Plan. The FVRD budgets are built to provide clarity and internal and external engagement continued to be the focus of this Plan.
“During these unpredictable economic times, approving this budget was done with precision, sensitivity, and compassion,” said Patricia Ross, FVRD Board Chair. “When many people are struggling in our region with rising costs, we focused on the basics, protecting services, limiting increases wherever possible, and planning spending carefully to ensure responsible use of tax dollars while keeping finances sustainable,” she said.
The FVRD manages over 100 unique service areas that must be budgeted separately. Each service area has a budget with distinct purposes, unique tax bases, revenues, expenses, and their own designated surplus/reserve savings balances that are not permitted to be shared amongst other service areas. The Local Government Act includes a requirement for a Financial Plan bylaw adoption by the end of March each year.
To review the financial plan please visit our Have Your Say platform at https://haveyoursay.fvrd.ca/2026-budget-planning
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