Debt & Spending
Langley has borrowed $600M and is approaching its provincial borrowing limit faster than council has admitted — and you pay for it in property taxes, fees, and cancelled amenities.
A long-term financial recovery plan, new borrowing reserved for projects of exceptional community value, and plain-language quarterly reporting on where we actually stand.
- A long-term financial recovery plan with realistic revenue projections
- Reserve new borrowing for projects of exceptional community value
- Account for long-term maintenance of infrastructure up front — council can't make good spending decisions on new capital assets without understanding the actual costs of operating and maintaining them
- Plain-language quarterly reporting on debt and borrowing capacity
"$177M in housing trust debt quietly appeared in this year's capital budget after we were told it wouldn't affect our credit limit."
The Woodward / Progress for Langley 5-year plan raises municipal property tax by nearly 40% between 2026 and 2030. Type your address and see your bill, year by year.
→ See Woodward's Tax Plan for your addressLangley borrowed $600M. That money doesn't disappear — it shows up in your property tax bill, your utility fees, and the amenities that keep getting cancelled because we've run out of borrowing room.
The Township's own Official 5-Year Financial Plan shows a 23% property tax hike in 2027 and nearly 40% over the next five years. That is not a projection from critics — that is council's own document telling you where this is headed.
We are approaching our provincial borrowing limit faster than council has admitted. The Willoughby pool is gone. The performing arts centre will cost nearly double what the mayor is telling residents. And $177M in housing trust debt quietly appeared in this year's capital budget after we were told it wouldn't affect our credit limit.
The problem isn't just the debt we have. It's that we keep making it worse without a plan to recover.
I'll push for a long-term financial recovery plan built on realistic revenue projections, alternative funding sources like grants and partnerships, and selling surplus assets where it makes sense. New borrowing should be reserved for projects of exceptional community value — not upfront subsidies for developers, projects that look great at a ribbon cutting but don't deliver real community value per dollar spent.
Residents deserve to know exactly where we stand. That means plain-language quarterly reporting on debt, borrowing capacity, and what's actually at risk. Because you can't make informed decisions about who to vote for if council won't tell you the truth about the books.