News

River intake to cost $50 million

Burger said council is always struggling to balance current priorities with long term capital projects and he frequently highlights a new, provincially required, river water intake and treatment facility. Early estimates put it around $50 million in total by 2050 in partnership with the regional district and hopefully senior levels of government.

“Staff are also working within a number of guidelines council has already set,” Burger said, including a freeze they imposed on hiring and on 40 per cent of the city’s budget areas.

Though he pointed out everything is always up for discussion and at council’s discretion, council appears to want to “stick to its guns,” on some of those tough decisions, he said.

Butterworth said the preliminary budget they are presenting is still based on last year’s five year financial plan with a residential property tax increase of three percent and a commercial and light industrial property tax increase of four percent, but council will have to make some big decisions to balance it.

That will require further tax increases, deferring projects, borrowing money, or some combination of those, he said.

While they are reviewing things like the city’s permissive taxation, grants in aid and development cost charges, Butterworth pointed out they are separate from the immediate budget work.

 

The city’s 2011-2015 financial plan is available on the website at www.parksville.ca, under the Financial Reports tab on the right.

 

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Students come to the rescue
 
Human Rights Tribunal rejects smart meter complaint
 
Decorate for charity: Festival of Trees
Coun. Hira Chopra to run for Alberni mayor
 
Cyber ‘prank’ no joke to threatened teen
 
The Week — July 28
New works by Rick Bond
 
Fraser Youth Pride event held in Abbotsford
 
Island residents blast cuts to BC Ferries

Community Events, September 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Sep 18 edition online now. Browse the archives.