Homeowners in Vancouver will be hit with a property tax increase of 2.9 per cent this year – slightly higher than expected.

Council opted for a higher increase so it could build more money into its contingency fund.

But the 2.9-per-cent increase is in line with what other Lower Mainland municipalities have settled on this year – and it's slightly lower than the average increase in Vancouver over the past six years.

For the average Vancouver homeowner – with a property assessed at $433,000, – the tax increase will mean about $65 added to the annual tax bill.

The city relied on a public opinion survey in deciding its spending prioriities for the year.

That survey shows crime and public safety are top-of-mind issues for Vancouver residents. As a result, the police department will see a budget increase of 4.2 per cent to $138 million.