Utilities Ratio 2005-2007

Municipality	Resident	Utilities	UTIL. TO RES RATIO	Other cities to Vernon Ratio
Vernon 2005	3.65860	9.87580	2.70	1.00
Penticton	5.36230	19.10050	3.56	1.32
Kelowna	4.59760	22.98910	5.00	1.85
Salmon Arm	6.52720	36.62330	5.61	2.08
Enderby	4.31720	25.90310	6.00	2.22
Coldstream	2.72480	16.57401	6.08	2.25
Kamloops	8.17000	49.86000	6.10	2.26
Armstrong	4.11070	25.98400	6.32	2.34
Lumby	4.44930	30.23258	6.79	2.52
Whistler	1.78310	13.53370	7.59	2.81
Langley	3.50580	39.2203	11.19	4.14
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Vernon 2006	3.10760	8.76630	2.82	1.00
Penticton	4.74050	21.93420	4.63	1.64
Kelowna	4.17550	21.20560	5.08	1.80
Enderby	4.47480	26.84870	6.00	2.13
Salmon Arm	5.71270	34.50380	6.04	2.14
Coldstream	2.40479	15.87340	6.60	2.34
Armstrong	3.67818	25.18004	6.85	2.43
Kamloops	6.93000	48.88000	7.05	2.50
Whistler	1.93350	14.67530	7.59	2.69
Lumby	4.03936	32.89390	8.14	2.89
Langley	3.40180	39.9976	11.76	4.17
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Penticton	4.74050	21.93420	4.63	0.71
Kelowna	4.17550	21.20560	5.08	0.78
Enderby	4.47480	26.84870	6.00	0.92
Salmon Arm	5.71270	34.50380	6.04	0.93
Vernon 2007			6.50	1.00
Coldstream	2.40479	15.87340	6.60	1.02
Armstrong	3.67818	25.18004	6.85	1.05
Kamloops	6.93000	48.88000	7.05	1.09
Whistler	1.93350	14.67530	7.59	1.17
Lumby	4.03936	32.89390	8.14	1.25
Langley	3.40180	39.9976	11.76	1.81

(Assuming 2006 rates don't change for other cities)

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Your comments concerning the payment of grants-in-lieu of taxes by BC Hydro are essentially correct in regards to the payments we make to municipalities for our land and building assets. The grants we will pay in 2007 are based on municipal tax (mill) rates for 2006 and on property assessed values (prepared by BC Assessment) for 2006.