Town council discusses financial statements, water restrictions, and fire protection agreement
Quick view
What was decided (or proposed)
- recommended — 2025 Financial Statements: The council received and approved the 2025 Financial Statements as presented by Murray M. Smith and Craig Woods, Auditors with KPMG.
- scheduled — Sprinkling Regulations: The council delegated their authority to the Chief Administrative Officer and the Director of Civic Works to determine the applicable stage of water restrictions for 2026. [12]
- adopted — 2026-2030 Five Year Financial Plan: The council adopted the 2026-2030 Five Year Financial Plan, which includes a 3.02% tax increase and adjustments to the 2025 budget. [5]
- adopted — 2026 Tax Rates Bylaw: The council adopted the 2026 Tax Rates Bylaw, which includes a 3.02% tax increase. [6]
- recommended — Fire Protection Mutual Aid Agreement: The council approved the Fire Protection Mutual Aid Agreement between the town and the Eastgate Fire Protection Society. [4]
What comes next
- The council will review the sprinkling regulations and provide feedback to the Chief Administrative Officer and the Director of Civic Works.
Who spoke
- KPMG — Presentation of the 2025 financial statements and audit findings.
- Princeton Community Arts Council — Invitation to attend the Copper Valley Music Festival on August 21st, 22nd, and 23rd.
Stakes & interests
The financial statements provide a snapshot of the town's financial health and can inform budgeting decisions.
The regulations aim to conserve water and reduce peak demand, which can help prevent more severe water restrictions.
The agreement can provide mutual aid during emergencies and help ensure public safety.
Item notes
Every business item from the published agenda is listed here. Full agenda.
STAFF REPORTS — Town council would delegate their authority to the Chief Administrative Officer and the Director of Civic Works to determine the applicable stage of water restrictions for 2026. Sp [4][12][14]
“THAT Council delegate their authority to the Chief Administrative Officer and the Director of Civic Works to determine the applicable stage of water restrictions for 2026. Sprinkling Regulations 6.2 Fire Protection Mutual Aid Agreement between the Town of Princeton and the Eastga [4][12][14]”
CORRESPONDENCE RECEIVE AND FILE — item 8.1 be received and filed. [7][9]
CORRESPONDENCE ACTION REQUESTED — the letter from Keri Torgerson regarding the clarification and deferral of water meter installation at 149 Tapton Avenue be referred to staff to respond. Ltr to Princeton re Water [10][11]
“THAT the letter from Keri Torgerson regarding the clarification and deferral of water meter installation at 149 Tapton Avenue be referred to staff to respond. Ltr to Princeton re Water Meter Install.04.17.2026_Redacted 9.2 Email from the Princeton Community Arts Council Invitatio [10][11]”
BYLAWS AND RESOLUTIONS — the Town of Princeton Financial Plan Bylaw No. 1062, 2025 be adopted. 2026 Financial Plan Report-adoption Budget Book 10.2 2026 Tax Rates Bylaw [5][8][10][13]
“THAT the Town of Princeton Financial Plan Bylaw No. 1062, 2025 be adopted. 2026 Financial Plan Report-adoption Budget Book 10.2 2026 Tax Rates Bylaw [5][8][10][13]”
The regulations will go into effect on May 15th and restrict lawn watering to specific days based on civic address. [12]
“The cooperation of all residents prevents more severe water restrictions from being imposed. [12]”
The plan includes a 3.02% tax increase and adjustments to the 2025 budget. [5]
“The 2026-2030 Financial Plan is recommended by staff to proceed to third reading at the April 15, 2026 regular meeting of Council. [5]”
The bylaw includes a 3.02% tax increase. [6]
“The Property Tax Bylaw for the Town of Princeton needs to be passed after the financial plan and before May 14, 2026 as per Section 197(1) of the Community Charter. [6]”
The agreement will allow the town and the Eastgate Fire Protection Society to provide mutual aid during emergencies. [4]
“The Parties desire to enter into an agreement whereby fire service emergency resources of any Party can be deployed to assist the other Parties during an Incident. [4]”
Open questions
- What are the implications of the Fire Protection Mutual Aid Agreement on the town's emergency response plan?
Sources
- CivicWeb meeting
- Agenda document
- YouTube recording
- 2026 EAST GATE Fire Protection Mutual Aid Agreement
- 2026 Financial Plan Report-adoption
- 2026 Tax Rate Report-adoption
- 20260413 - Permanent Daylight Saving Letter and Resolution_Redacted
- Budget Book
- Email-City of Langford - Permanent Daylight-Saving Time and the Impacts on Safe Routes to School
- Invitation to the Copper Valley Music Festival
- Ltr to Princeton re Water Meter Install.04.17.2026_Redacted
- Sprinkling Regulations
- 71919
- 2026 Staff Report - MOU East Gate Fire W Princeton
Spot an error?
If something in this brief doesn’t match the agenda, minutes, a linked report, or the meeting recording, send a fact-check note. Submissions go to the editor — they are not published automatically.