Reserves and taxes up for 2013

Residents can expect a balanced budget for 2013, with a five per cent tax increase.

According to the preliminary budget discussed on Nov. 4, 2012 during a special public budget meeting of Village of Burns Lake council, residents can expect a balanced budget for 2013, with a five per cent tax increase.

Developing capital reserves for future upgrades to public works remained a constant theme through the meeting.  With a new water tower and associated pipe work expected to run close to $2 million in cost as well as the looming need to replace the arena chiller at a cost of $140,000, council was concerned that reserves be allocated at a rate that will offset the amount that might need to be financed at a later date.

Councillor Susan Schienbein noted that reserves for water and sewage works were being reduced.

“It appears to me that we’re actually decreasing the reserves that we’re putting into both sewers and water,” she said.  She recommended increasing these reserves rather than decreasing them, and she requested an adjustment to water and sewer rates to reflect that need to increase reserves.

“At some point we have to bite the bullet and do it,” she said.

Deputy director of financial services Carla Fox pointed out that the current budget included an increase to capital reserves and so coun.. John Illes and Mayor Luke Strimbold suggested bringing back a budget for the next meeting that included an increase of approximately $100,000 to reserves for water and sewer works.

Fox reported that an increase to sewer and water reserves would involve an increase to user rates in the range of 15 per cent.  That possibility will be discussed at the next budget meeting, which will be in camera on Dec. 11, 2012 with a further public budget review meeting on Jan. 15 2013 before the budget is formally adopted at the end of January.


Just Posted

Prince Rupert Gas Transmission project searches for partners

TransCanada is renewing permits for its natural gas pipeline project to North Coast.

Coastal GasLink stops work to investigate archaeological find

OGC archaeologists are en route to the Houston-area site where Unist’ot’en report finding stone tools

All Native Basketball Tournament Day 5: Recap

Highlights and results from day 5 at the All Native Tournament

All Native Basketball Tournament Day 6: Preview

Look ahead to all the action scheduled for Feb. 16 at the All Native Tournament

Coastal GasLink prepares sites of construction work camps

Unist’ot’en condemn 14 ‘man camps’ housing 500-800 workers as threatening safety of women and children

VIDEO: Canada’s flag turns 54 today

The maple leaf design by George Stanley made its first appearance Feb. 15, 1965

Eight cases of measles confirmed in Vancouver outbreak

Coastal Health official say the cases stem from the French-language Ecole Jules Verne Secondary

Plecas won’t run in next election if B.C. legislature oversight reforms pass

B.C. Speaker and Abbotsford South MLA says he feels ‘great sympathy’ for Jody Wilson-Raybould

Workshop with ‘accent reduction’ training cancelled at UBC

The workshop was cancelled the same day as an email was sent out to international students

Former B.C. premier Gordon Campbell accused of sexual touching

Accuser went to police, interviewed by Britian’s Daily Telegraph

Judge rules Abbotsford home must be sold after son tries to evict mom

Mom to get back down payment and initial expenses

Trump officially declares national emergency to build border wall

President plans to siphon billions from federal military construction and counterdrug efforts

Snow turns to slush, rain as it warms up across B.C.’s south coast

Some areas are already covered by more than half a metre of snow following three separate storms

Father to be charged with first-degree murder in Amber Alert case

11-year-old Riya Rajkumar was found dead in her father’s home in Brampton, Ontario

Most Read