Revenue Anticipation Borrowing
Consideration of Bylaws
Council adopted Revenue Anticipation Borrowing Bylaw No. 66-5, 2026, which will allow the City to short-term borrow, if required, up to $40 million to assist in reducing the variability of the City’s cash flow until the collection of property taxes that occurs from late May to July.
View the full report from the March 10, 2026, regular Council meeting.
View the full Council Highlights for this meeting
Key details
- Agenda section
- Consideration of Bylaws
- Council meeting
- 2026-03-24
- Matter lifecycle
- Adopted
- Meeting appearances
- 1
Official City of Kamloops source ↗
Council outcome
Adopted
Council adopted Revenue Anticipation Borrowing Bylaw No. 66-5, 2026, which will allow the City to short-term borrow, if required, up to $40 million to assist in reducing the variability of the City’s cash flow until the collection of property taxes that occurs from late May to July. View the full report from the March 10, 2026, regular Council meeting.
Key amount(s): $40 million
Imported by CI City Hall. Source records can change; use the official City link for authoritative information.
