2026 Budget deliberations were sucessfully concluded on Monday, Decmeber 9, 2025 after Council reviewed and deliberated on department operating and capital budgets and decision packages. A media release on Tuesday, December 10 announced that Council endorsed the City’s 2026 budget of $63.7 million, which includes a property tax increase of $181.
Based on the 2025 average assessed value of residential properties ($1.18 million for the single-family home), Pitt Meadows homeowners can expect a property tax and utility fee increase of approximately $26 per month or $318 annually. This annual increase is comprised of $181 in property taxes and $137 in utility fees.
The $318 increase is broken down as follows:
Note: Utility fees are included in Pitt Meadows residents’ property taxes received annually in June. Many municipalities in the region collect utility fees at different times of the year from their property tax collections. The majority of costs included within utility fees are uncontrolled by the City, such as Metro Vancouver’s sewer and water costs.
Business Plan Presentations
Each fall, the City plans how tax dollars and other funding will be invested in the services and infrastructure our residents depend on and enjoy. Department business plans are developed with careful consideration of City finances, staff expertise, Council direction, and resident feedback, and are then presented to City Council and the public. These plans provide recommendations for the City's key initiatives, budgets, and the Five-Year Financial Plan. Residents are encouraged to attend the public meetings to hear what's being considered and provide their comments.
The 2026 business plan presentations occured on Monday, November 24 and Tuesday, November 25. View the recordings online: pittmeadows.ca/councilmeetings.
Budget Deliberations
After incorporating any revisions based on Council and public feedback from the business planning presentations, Council deliberated on and approved the proposed budget on Monday, December 9. The approved budget determined the annual property tax increase as noted above. View the budget deliberations online: pittmeadows.ca/councilmeetings.
For more information, contact the City's Finance Department at 604-465-2461 or email info@pittmeadows.ca.