b ill ion , ▁while ▁the ▁ 2 0 1 8 ▁operating ▁budget ▁is ▁$ 1 . 4 0 7 b ill ion ▁( a ▁year ▁over ▁year ▁increase ▁of ▁ 6 . 4 %). ▁The ▁capital ▁budget ▁for ▁ 2 0 1 8 ▁is ▁un changed ▁from ▁ 2 0 1 7 ▁and ▁stands ▁at ▁$ 4 2 6 . 4 mill ion . ▁Bud get ▁increases ▁are ▁largely ▁fund ed ▁through ▁increases ▁in ▁property ▁tax es ▁and ▁community ▁amen ity ▁contributions ▁im posed ▁in ▁exchange ▁for ▁increases ▁in ▁allow able ▁density ▁as ▁part ▁of ▁the ▁construction ▁perm itting ▁process . ▁Util ity ▁fe es ▁and ▁other ▁user ▁fe es ▁have ▁also ▁been ▁increased , ▁but ▁represent ▁a ▁compar atively ▁small ▁portion ▁of ▁V ancouver ' s ▁overall ▁budget . ▁ ▁Regional ▁government ▁V ancouver ▁is ▁a ▁member ▁municipality ▁of ▁Metro ▁V ancouver , ▁a ▁regional ▁government . ▁In ▁total ▁there ▁are ▁ 2 2 ▁municipal ities , ▁one ▁elect oral ▁area ▁and ▁one ▁treat y ▁First ▁Nation ▁compr ising ▁Metro ▁V ancouver , ▁the ▁regional ▁government ▁whose ▁seat ▁is ▁in ▁Burn aby . ▁While ▁each ▁member ▁of ▁Metro ▁V ancouver ▁has ▁its ▁own ▁separate ▁local ▁gover ning ▁body , ▁Metro ▁V ancouver ▁over se es ▁common ▁services ▁and ▁planning ▁functions ▁within ▁the ▁area ▁such ▁as ▁providing ▁drink ing ▁water ; ▁operating ▁se w age ▁and ▁solid ▁waste ▁handling ; ▁maintain ing ▁regional ▁par ks ; ▁over see ing ▁air ▁quality , ▁green house ▁g ases ▁and ▁e colog ical ▁health ;