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Prince Rupert Regional Information
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NATURESea, land, river PEOPLESCommunity
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Going through
the motions Material is on
line that was
given at presentation Bad news is a
3.8% tax rate increase (see below) |
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Where the
$36M is coming from |
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The
‘bad news’ is that Council policy is to shift from Taxes to ‘user fees’ ---
which is what they have been doing in past few years by using the ‘surplus’
from Utilities funds to transfer into General Revenue – more on this later but
I have argued in past this benefits the wealthy property owners Plus
more ‘permissive taxes’ for ‘green projects’ – no details so far |
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And note the
role of the Port |
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20%
of the total from Port At
one time the pulp mill (major industry) was a main source of revenue – now shrinking
almost to insignificance |
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Significant
projects include: |
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Duncan Road $1,100,000 Rushbrook Improvement Area 302,000 Spirit Square 365,000 Waterfront Trail 170,000 Tsimshian Peninsular Access Project 310,000 Hays Creek Sewer Main 4,000,000
Building Improvements 1,284,000 Waterline Replacements 485,000 Minor Projects 547,000 $8,563,000 Capital
Purchases – $775,000 Land & Buildings $25,000 Vehicles & Machinery 551,000 Other Equipment $199,000 |
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Note here Utility
fees |
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More
on this later --- |
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They cut
down the ‘deficit’ |
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In
order to not raise taxes a long list of reductions made – not in handout ---
but last slide brought down to a 3.8% increase in ‘Taxes’ Here
no more plant watering and cut paving by 120T$ etc |
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Given the
practice of expressing the increase in terms of ‘average’ house hold --- |
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Here
the Average PR house valued at 167T$ thus using last years tax rate would
mean paying 52$ more this year We’ll
see |
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I will return to this in more
detail Friday
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Airport
Ferry doing better than expected while Civic Center etc remain worrisome with
total budget more than Roads and Transit combined while freebies for RCMP etc
– more later |
Created by LG on 16/4/2009
Last updated on Friday, April 17, 2009