March 18, 2024 - Islands Trust Council Approves 2024/25 Budget

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Bowen, Denman, Gabriola, Galiano, Gambier, Hornby, Lasqueti, Mayne, N. Pender, Salt Spring, Saturna, S. Pender, Thetis 
 
 
March 18, 2024 – for immediate release 2024-04-IT 
 
Islands Trust Council Approves 2024/25 Budget 
 
Lək
̓
 ʷəŋən, METULIYE/Victoria, B.C. – Islands Trust Council has approved the 2024/25 budget for the Islands Trust.  
 
"In navigating development of the 2024/25 budget, trustees faced tough decisions and found compromises,” said Islands 
Trust Council Chair Peter Luckham. “This budget allows Islands Trust to progress work on strategic initiatives that are 
important to communities. We are so pleased to have secured more than $830,000 in grant funding for next year.” 
 
The approved budget for 2024/25 of $10.98 million assumes that Islands Trust will maintain existing service levels, 
support a new Accessibility Committee, and undertake land use planning projects including: 
 
 Housing Needs Assessments (for all local trust committees) 
 Housing Strategy Action Plan Implementation Project (includes updating the Housing Options Toolkit) 
 Denman Island Housing Review Project 
 Gabriola Island Official Community Plan and Land Use Bylaw Comprehensive Review Project 
 Mayne Island Housing Options Project 
 North Pender Island Housing Access and Affordability  Project 
 Salt Spring Island Official Community Plan and Land Use Bylaw Major Review Project 
 Salt Spring Island Ganges (Shiya’hwt/SYOW
̱
 T) Village Area Plan Project 
 Salt Spring Island Groundwater Sustainability Strategy Implementation Project 
 Salt Spring Island Proof of Water at time of Subdivision Project 
 
The budget also includes funding for development of an online bylaw compliance and enforcement information portal 
which will increase transparency and improve reporting. In addition, the budget supports projects to update the two 
guiding documents of Islands Trust: the Policy Statement and the Islands Trust Conservancy Plan. The budget will support 
continued work to advance relationships with First Nations, including a specific project in the Hornby Island Local Trust 
Area. The budget also includes funding for new staff positions including a protected areas management team lead, a 
geographic information systems coordinator, and a temporary biologist for Planning Services (100% grant funded). 
 
Islands Trust will be continuing a stewardship education program and will continue to support administrative costs for 
coordination groups in the Islands Trust Area. The History and Heritage Grants in Aid program will be suspended for the 
second year. 
 
Highlights of the approved 2024/25 budget: 
 Total planned spending of $10.98M, with $9.65M directed to operations, $983,000 directed to special projects, 
and $347,000 for the purchase of capital assets 
 5.9% increase to the existing local trust area tax base plus an additional 0.5% tax revenue expected from new 
construction and development in local trust areas 
 A 13.1% ($45,000) increase to the 

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