The Town of Comox adopted its 2026–2030 financial plan bylaw and the 2026 tax rates bylaw during a special council meeting on May 13.
The 2026 budget increases the general municipal levy by about $141.50 annually, or $11.79 per month, on the town’s share of property taxes for a home assessed at $840,000.
Mayor Nicole Minions said council remains committed to balancing community needs with the financial impact on residents.
“This budget focuses on maintaining the services residents rely on every day while making targeted investments in amenities and infrastructure that support quality of life in Comox.”
The budget also includes an additional contribution of about $51.79 annually for a home assessed at $840,000 to the town’s infrastructure renewal fund.
The investment is intended to help address gaps between current funding levels and the amount required to maintain and replace critical infrastructure.
Projects in the 2026 budget include park upgrades, improvements to recreation services, development of a recreation master plan, expansion and upgrades to the existing fire station and continued investment in downtown Comox and the waterfront.
The budget also includes completion of the Mack Laing viewing platform and the opening of Newsom Family Nature Park.
The town said 45 per cent of every residential property tax dollar stays with the municipality to fund local programs and services. The remaining 55 per cent goes to partner agencies including the Comox Valley Regional District, schools, hospitals, libraries, the Municipal Finance Authority of British Columbia and BC Assessment.
