Each year, the District of Oak Bay adopts a five-year financial plan, including the District’s yearly budget.
2025 Budget and your Property Taxes
Your property taxes help fund crucial services in the District of Oak Bay. They help balance the budget after the District of Oak Bay seeks sustainable revenue from other sources.
Municipal taxes make up approximately 59% of your bill. Tax levies from other authorities are also found on the bill collected by the District. Click the image for a full breakdown.
Key Dates
May 2025: Property tax notices mailed to residents.
July 2, 2025: Deadline to pay Oak Bay property tax.
Ways to Pay Property Taxes
In anticipation of potential Canada Post strike action, several payment options are available on our payment options page.
- Online through your financial institution
- In-person at Municipal Hall (2167 Oak Bay Ave)
- Drop-off box at Municipal Hall
The 2025 Budget
Property taxes help balance the budget after the District of Oak Bay seeks sustainable revenue from other sources. Approximately one-third (31%) of funding for the 2025 budget comes from property taxes.
Parks, Recreation and Culture, Engineering, water and sewer utilities, Police and Fire make up a large share of annual spending. Click the thumbnails below to see a visual breakdown of funding, expenditures and community services.
2025-2029 Financial Plan and Resources
Find past meetings, minutes and bylaws along with the 2025-26 Financial Plan
Stay Informed and Involved!
Make sure to follow our full financial planning for future budgets and property taxes throughout the year. For more information, be sure to follow future Council meetings through Oak Bay CivicWeb.
Fall 2025
- Financial Planning Guidelines
Winter 2025/26
- Council Priority Setting
- Council Deliberations (Feb. & March)
March 2026
- Financial Plan Bylaw