Inside the City of Kimberley’s 2013 financial plan

Financial plan receives first three readings; public comment sought


Kimberley City Council gave first three readings to the 2013 Financial Plan  bylaw on Monday evening, with adoption planned for next Monday, May 13.

The public is invited to comment on the budget; with written submissions being accepted at City Hall until 4 p.m. this Friday, May 10. The public is also invited to the next Council meeting on May 13 in Council Chambers at 7 p.m. if they wish to comment in person before the bylaw is adopted.

As reported last week, the financial plan calls for a four per cent increase in residential taxes and a three per cent increase in business taxes.

The total budget including  the water, sewer and general funds as well as capital reserves, surpluses and amortization is $26,989,480. This breaks down as $9.22 million in capital projects, $1.29 million on principal and interest payments on debt, and $12.65 million in operating costs.

See PLAN page 3

Property tax revenue is 37 per cent of the total, and the main source of the City’s revenue. Of that revenue, 85.95 per cent comes from Residential Class 1. Business accounts for 13 per cent and light industrial only .11 per cent. Chair of the Finance Committee Jack Ratcliffe says that it is the goal of the City to see the Light Industrial revenue increase.

The Light Industrial millrate was reduced in 2006 in an effort to diversify the tax base. In 2012, it was changed again to a one to one ratio with residential taxes. Business taxes are now at a 2:38 to 1 ratio. In a statement (Schedule B to the Financial Plan Bylaw) Council says that it is agreed the business properties consume more services than residential and should be subject to higher taxation. However, in the past ten years the City has made an effort to reduce that ratio to a more manageable rate.

There is no change to the residential flat tax or Aquatic Centre parcel tax in 2013, nor an increase in utility bills. But water and sewer will be going up $1.20 per quarter in 2014.

The City will also be conducting a department by department service review to provide a clearer picture of what services it provides and the costs associated. The focus will not be on cutting services, but on identifying possible efficiencies. In addition, a ten year infrastructure plan will be completed in 2013, identifying and prioritizing infrastructure projects for the next 10 years.

Just Posted

The Kimberley Refugee Resettlement Group is active again after a few years off and are working to find a home for Gloria in Kimberley. Photo taken at a KRRG fundraiser several years ago. Bulletin file.
Kimberley Refugee Resettlement Group active once more

KRRG working to find a refugee a safe place to live in Kimberley

The Kimberley Aquatic Centre is set to reopen its doors to the public on July 6, after being shut down due to the pandemic in March, 2020. The Centre will be initially operating with reduced occupancy and limited program offerings. Bulletin file.
Kimberley Aquatic Centre set to re-open July 6

New safety infrastructure, limited guests and programming allow facility to open again

Interior Health is reporting a COVID-19 exposure at Selkirk Secondary in Kimberley. Bulletin file.
COVID-19 case identified at Selkirk Secondary in Kimberley

Interior Health is conducting contact tracing

The Kootenay International Junior Hockey League met for their AGM and announced a number of new initiatives, new awards and changes in their executive committee, as well as the starting date for the 2021-22 season. Paul Rodgers file.
KIJHL announces start dates for 2021-22 season

Season set to begin Oct. 1 with league still following all health guidelines

Calvin Dickson photo.
Severe thunderstorm watch in effect for East Kootenay

Conditions favourable for the development of thunderstorms, hail and heavy rain

People watch a car burn during a riot following game 7 of the NHL Stanley Cup final in downtown Vancouver, B.C., in this June 15, 2011 photo. THE CANADIAN PRESS/Geoff Howe
10 years ago: Where were you during the 2011 Vancouver Stanley Cup Riots?

Smashed-in storefronts, looting, garbage can fires and overturned cars some of the damage remembered today

(Black Press Media file)
Dirty money: Canadian currency the most germ-filled in the world, survey suggests

Canadian plastic currency was found to contain 209 bacterial cultures

(pixabay file shot)
B.C. ombudsperson labels youth confinement in jail ‘unsafe,’ calls for changes

Review states a maximum of 22 hours for youth, aged 12 from to 17, to be placed in solitary

Grace (left), a caribou that was born in a maternal pen north of Revelstoke, is alive and well said the province. It appears she even has a calf. Maternity pens aim to increase caribou calf survival by protecting them from predation until they are older and less vulnerable. (Contributed)
For the first time in years, caribou numbers increasing near Revelstoke

North herd growing but south herd still concerning

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Eleonore Alamillo-Laberge, 6, reads a book in Ottawa on Monday, June 12, 2017. THE CANADIAN PRESS/Sean Kilpatrick
Parents will need to fight ‘COVID learning slump’ over summer: B.C. literacy experts

Parents who play an active role in educating their children this summer can reverse the slump by nearly 80%, says Janet Mort

Kelowna General Hospital. (File photo)
COVID-19 outbreak at Kelowna General Hospital declared over

Three people tested positive for the virus — two patients and one staff — one of whom died

The border crossing on Highway 11 in Abbotsford heading south (file)
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

Most Read