Despite concerns, Regional District of Nanaimo board approves budget
NANAIMO — A slightly reduced RDN tax rate increase wasn’t celebrated by critics of the regional government’s latest five-year financial plan.
The amended budget includes a 5.7 per cent increase in property tax requisition for this year, reduced from 7.2 per cent in December, to be absorbed by four member municipalities and seven rural electoral districts.
RDN board members formally endorsed the financial plan during a Tuesday, Feb. 24 regular board meeting, which drew criticism from local citizens, as well as concerned RDN board members.
Approval of the budget equates to RDN property taxation hikes between as low as $10 for an average assessed home in Area B to as high as $110 additional for Area C.



