The Community Charter requires that in each year, before May 15, a local government must adopt a five year financial plan which covers the current taxation year and the following four years.

The financial plan must set out the following for each year of the planning period:

• proposed expenditures for operating and capital purposes
• proposed funding sources
• proposed transfers between funds

Notice is hereby given that the Five Year Financial Plan for The Corporation of the District of Oak Bay is available for public inspection here.  Persons wishing to comment on the plan may make their views known in a letter addressed to the undersigned or by email.  The plan will first be considered by Council on May 9, 2016.  Any correspondence which includes name and residential address and is received before 3:00 PM on May 9, 2016, will be placed on the Council agenda for consideration.

Maura Jones
Acting Director of Corporate Services
The Corporation of the District of Oak Bay
2167 Oak Bay Avenue
Victoria, BC V8R 1G2