MattersFinanceAsset Management Plan; Long-Term Financial PlanFirst seen Sep 8, 2026
Asset management and long-term financial plans
ApprovedLangford’s plan covers about $1.8 billion in municipal infrastructure and maps long-term replacement needs and funding. It recommends directing $14.4 million in current annual funding to existing assets, increasing road funding to $5 million, and building reserves to reduce future repair costs and a projected funding gap.
Where it stands: The plans were approved Sep 8, 2026.
Timeline
Every time this matter appeared in council records, newest first.
City approves asset management and long-term financial plans
Council approved the City of Langford Asset Management Plan and Long-Term Financial Plan.
Decision: Extended the meeting until 11:00 pm.
Passed
Decision: Approved the Asset Management Plan and Long-Term Financial Plan.
Passed 6–0
An Asset Management Plan was presented to Council.
- Frazer JohnsonMixed · Asset management plan and cannabis permit
Supports the asset plan and Honeycomb permit, but urges lifecycle funding and a permanent zoning path for cannabis retailers. - Lisa FoxallMixed · Asset management plan
Supports maintaining city assets but is concerned about taxpayer costs and seeks details on sewer acquisition and aquatic-facility spending. - A resident (Luxton Road)Concerned · Sooke Road development and asset plan
Urges a pause on Sooke Road approvals until intersection upgrades and questions asset-plan affordability and risk planning. - A residentConcerned · Walfred development
Raises concerns about traffic, parking enforcement, trail access, tree and wildlife impacts, variances, and driveway access. - D. JamesSupports · Asset management plan
Supports the asset plan and funding increases, saying long-term planning is needed to manage growth and strengthen city finances.
- Frazer JohnsonMixed · Asset management plan and cannabis permit