Surplus expected; should cover fire hall overrun

While things look good overall, several items where over budget, including a surprise $200,000 overrun on the fire hall renovation.

Parksville could be almost a million dollars under budget this year, but that’s a regular part of a long-term budgeting process, points out director of finance Lucky Butterworth.

He gave council a budget variance report at their last meeting, providing an interim snap shot of the city’s finances as they head into the current year’s budget deliberations.

The city works on a five year budget process and aims to keep a minimum of a one million dollar accumulated surplus for emergencies and big projects from year to year.

While the surplus had dropped as low $475,000 in 2009, it was at $2.8 million at the start of 2011, to which this year’s surplus will be added.

Butterworth pointed out the current work on McMillan Street is almost $3 million, so a one million dollar surplus is not a lot, in comparison.

The surplus is included in their calculations as they update the budget for the next five years.

The savings include RCMP costs, which are expected to be around $400,000 under their $2.1 million budget, though Butterworth stresses that none of the numbers are final.

The engineering department is about $200,000 under budget, partly due to staff vacancies and some projects that haven’t started and will be forwarded to next year.

Council and administration costs are around $150,000 under budget, including council being short a councillor last year and several projects coming in under budget.

While things look good overall, several items where over budget, including a surprise $200,000 overrun on the fire hall renovation.

“That bothered me,” he said, explaining the update on the fire hall at the end of June actually showed the project was under budget. Butterworth said he still hasn’t received the reconciliation from the project manager explaining what happened. Director of engineering and operations Robert Harary said they were surprised by the fire hall numbers and though there were “eight or 10 late big items,” such as seismic and electrical work, they are still looking into it.

The water, sewer and Englishman River water projects are all separate funds which Butterworth didn’t get into much, but said they are looking like they will be pretty much on budget.

The water and sewer revenues were down more than $200,000, or about six per cent, but mayor Chris Burger pointed out that is actually a good thing since it means water consumption is down.

 

Just Posted

The Lighthouse Country Marine Rescue Society will get more funding from the Regional District of Nanaimo. (Submitted Photo)
More PQB communities to fund Lighthouse Country Marine Rescue Society

RDN to introduce amendment to service bylaw contribution

A slide on best practices when reporting a suspected impaired driver that was presented to Parksville city council on June 7 by Margarita Bernard, a volunteer with MADD. The organization’s Report Impaired Drivers campaign involves the installation of informative signs within the City of Parksville. (Mandy Moraes photo)
MADD brings campaign to report impaired drivers to Parksville

Aim is to raise awareness that 911 should be called

Pam Bottomley (executive director), right and Sandy Hurley (president) of the Parksville Downtown Business Association visit the PQB News/VI Free Daily studio. (Peter McCully photo)
PQBeat: Downtown Parksville gears up for post-pandemic bounce back

Podcast: Hurley, Bottomley chat about what’s ahead for the PDBA

(Black Press file photo)
RCMP: Air ambulance called to Whiskey Creek after crash involving 2 motorbikes

Both riders taken to hospital with serious injuries

The border crossing on Highway 11 in Abbotsford heading south (file)
VIDEO: Western premiers call for clarity, timelines on international travel, reopening rules

Trudeau has called Thursday meeting, premiers say they expect to leave that meeting with a plan

The discovery of a missing woman’s body in Nanaimo earlier this month is now being treated as homicide, say Nanaimo RCMP. (File photo)
Discovery of woman’s body in downtown Nanaimo now being investigated as a homicide

Amy Watts was found dead near Albert Street and Victoria Crescent on June 3

People line up to get their COVID-19 vaccine at a vaccination centre, Thursday, June 10, 2021 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
Vaccines, low COVID case counts increase Father’s Day hope, but risk is still there

Expert says people will have to do their own risk calculus before popping in on Papa

B.C. Premier John Horgan listens as Finance Minister Selina Robinson presents the province’s latest budget, April 20, 2021. The budget projects $19 billion in deficits over three years. (Hansard TV)
B.C. government budget balloons, beyond COVID-19 response

Provincial payroll up 104,000 positions, $10 billion since 2017

Ocean debris is shown on Long Beach in Tofino, B.C. on April, 18, 2012. THE CANADIAN PRESS/Jonathan Hayward
Shoreline cleanup finds COVID-related trash increased during height of the pandemic

Great Canadian Shoreline Cleanup reports litter from single-use food packaging nearly doubled

Doctor David Vallejo and his fiancee Doctor Mavelin Bonilla hold photos of themselves working, as they kiss at their home in Quito, Ecuador, Wednesday, June 9, 2021. Doctor Vallejo and Doctor Bonilla suspended their wedding in order to tend to COVID-19 patients and in the process Vallejo got sick himself with the disease, ending up in an ICU for several days. (AP Photo/Dolores Ochoa)
Love, sacrifice and surviving COVID-19: one couple’s story

COVID hits Ecuadorian doctors who delayed wedding to treat sick

The Tsow-Tun Le Lum Society, which has been operating a treatment centre on land leased from the Nanoose First Nation for 35 years (pictured), has begun a fundraising campaign to open a new centre near Duncan. (Tsow-Tun Le Lum Society photo)
New residential school healing centre to be built near Duncan

$5-million Indigenous treatment centre will help survivors of residential schools heal

Two Lotto Max tickets sold on Vancouver Island were winners, though nobody won the $70-million jackpot in Tuesday’s draw. (BCLC image)
Vancouver Island lottery players win $1 million and $500,000 in Lotto Max draw

$1 million ticket sold in Campbell River, $500,000 ticket sold in Nanaimo

St. Joseph's Mission site is located about six kilometres from Williams Lake First Nation. (Photo submitted)
Williams Lake First Nation to search residential school site for unmarked graves

St. Joseph’s Mission Indian Residential School operated from 1886 to 1981

Most Read