The 2021/22 Budget Involves You
Islands Trust works to preserve and protect over 450 islands and surrounding waters in the Salish Sea with First Nations, residents, property owners, and all British Columbians. Each year, the Islands Trust Council develops our budget in consultation with the people we serve.
January 22, 2021 News Release: Islands Trust Seeks Input on its Proposed 2021/22 Budget
What Do You Think?
The best way to provide input on our budget process is to complete our anonymous online survey, which takes about five minutes.
Three ways to share your input:
1. Online survey
Closed - Sunday, Feb 7th, 2021
2. Email or Call
Send us an email with your thoughts about the budget – write to firstname.lastname@example.org , or call 250.405.5151 to have your say.
3. Present to Trust Council
Contact Lori Foster, Executive Coordinator, at email@example.com or 250.405.5161. The next Islands Trust Council meeting is March 9-11 via Zoom Video Webinar.
All budget input is public. That means your comments could show up on our website or be included in documents that we create and distribute to the public. All materials produced by the Islands Trust, including emails, are subject to the Freedom of Information and Protection Act.
Deadline to Provide Input
February 7, 2021
Proposed 2021/22 Budget
The proposed operating budget for 2021/22 ($8,838,460) assumes that the Islands Trust will maintain existing service levels, implement a new species at risk program, develop heritage preservation overlay maps, and implement the following climate action initiatives from Trust Council’s 2018-2022 Strategic Plan:
- Stewardship education program
- Islands Trust Policy Statement update with input from First Nations, the public, and referral agencies
- Secretariat program which gives administrative support to regional coordination groups
- Climate change indicator development
- Technology requirements for online streaming of Islands Trust in-person public meetings to foster transparency and public engagement
- Mapping the extent of eelgrass beds throughout the Trust Area
- Completion of Freshwater Sustainability Strategy (Phase 1)
- Groundwater mapping completion and development of water budgets for groundwater aquifers in the Trust Area
- Development of model bylaws for local trust committees/Bowen Island Municipality that address groundwater use, rainwater catchment, and greywater recycling to promote freshwater sustainability
- Development of model bylaws for local trust committees/Bowen Island Municipality that exchange bonus density for affordable housing
- Development of model development permit areas for local trust committees/Bowen Island Municipality to protect Coastal Douglas-fir and associated ecosystems throughout the Trust Area
Revenue: Where Our Money Comes From
In the fiscal year running April 1, 2021 to March 31, 2022, the Islands Trust proposes to source funding from:
- Property taxes in local trust areas
- Salt Spring Island Local Trust Area special tax levy
- Bowen Island municipal property tax levy
- Grant funding
- Applications fees (development permits and rezoning applications)
- Transfers from Islands Trust accumulated surplus funds
2021/22 Proposed Budget Highlights:
- 3.26% ($221,130) projected tax increase overall for the Islands Trust Area (other than Bowen Island Municipality), plus 0.87% ($59,013) in new tax funds from new development and construction.
- 4.78% ($14,496) projected tax levy increase to Bowen Island Municipality, of which 1.1% ($3,273) will be generated from new development and construction.
- 4.6% ($407,000) of overall budget funded by approved grant funding.
- $602,000 draw from accumulated surplus funds to pay for:
- Climate-focused and other Strategic Plan projects ($288,000),
- Local trust committee projects ($159,000),
- Salt Spring Island Local Trust Committee freshwater projects ($80,000), and
- A Council-directed review of Islands Trust governance, management, and operations ($75,000).
Salt Spring Island Special Tax Levy
A special property tax levy is a mechanism by which the Islands Trust funds a special initiative taking place in a single local trust area through a tax levied on property owners only in that local trust area.
This taxing power can be used when a local trust committee wishes to undertake a large initiative with local significance or to take on additional operations. Since 2014, the Salt Spring Island Local Trust Committee has funded, through a special local tax requisition, the Salt Spring Island Watershed Protection Alliance to support work related to the preservation and protection of freshwater resources on Salt Spring Island. The special property tax requisition is proposed to be $75,500 to fund the continued coordination of community, government and non-government organizations working together in 2021/22 to develop a framework and strategy to protect watersheds and preserve drinking water sources on Salt Spring Island.
Salt Spring Island Watershed Protection Alliance Backgrounder
Expenditures: Where Our Money is spent
The Islands Trust preserves and protects the Trust Area through environmentally sound land use planning, land protection through the Islands Trust Conservancy, and working locally and across agencies to collaborate, plan, and advocate on important matters in our jurisdiction.
View breakdown of the draft budget numbers.
2021/22 Proposed Budget Highlights:
- 9.2% ($741,890) increase in total operating expenditures (including expenditures covered by grant funding), of which:
- 4.87% ($394,803) represents an increase in salaries and benefits costs due mainly to four new staff positions (two temporary, paid for by grant funding for specific projects), and staff wage increases per union agreements/BC Public Service policies which includes a 2.0% wage increase for all union staff and an up-to 1.5% effective wage increase for excluded staff.
- 0.1% relates an increase of 1.2% to trustee base remuneration. Learn more.
- 2.0% ($163,500) represents an increase in Local Trust Committee project spending mainly associated with work in the Salt Spring Island Local Trust Area.
- 1.0% ($75,000) relates to an increase in amortization expense.
- 0.8% ($62,350) relates to an increase in spending associated with Strategic Plan and Council-directed projects
- 0.7% ($53,615) relates to rising insurance and legal costs.
- 66.3% ($65,400) reduction in spending for capital assets.
You can compare past budgets.
Julia Mobbs, Director, Administrative Services
E: firstname.lastname@example.org T: 250.405.5150