Regional district and hospital district approve five year financial plans

The Regional District of Central Okanagan has adopted its 2026 to 2030 financial plan, with a focus on maintaining essential services while managing rising costs.

Officials say the plan reflects careful spending decisions following months of public input and board review.

For the average household, the RDCO portion of property taxes is expected to increase by about 20 dollars in 2026. The regional district says the plan prioritizes services such as parks, emergency response and community programs while remaining mindful of affordability.

The Central Okanagan Regional Hospital District has also approved its five year financial plan, which supports hospital and health care infrastructure across the region. Funding will contribute to projects and equipment within the Interior Health system, including upgrades at Kelowna General Hospital.

Homeowners will see a modest increase in the hospital district requisition, which is expected to rise by about 3.2 per cent.

Officials say the investments are intended to ensure health care facilities can meet the needs of a growing population.