Kelowna Daily Courier:
The City of Kelowna‘s 2009 budget could be reworked to provide more financial support towards a planned expansion of the Family Y. Officials with the Y have a $4.8-million plan to expand the facility with a gym, walking and running track, youth activity space and expanded fitness area. They hope to receive $2 million from the city – but at council‘s budget-setting session earlier this month, only $250,000 was included for the project. “This project is not included in the city‘s 10-year capital plan,” reads part of a staff report that will be submitted today to council.H owever, the suggestion is that possible city funding for the Y expansion be considered again before May 4, when the 2009 budget is expected to be finalized. As currently projected, the budget would trigger a tax increase of 3.3 per cent, or an extra $50, for the owner of a typical Kelowna single-family detached home. If council were to decide to include the full requested amount of $2 million for the Y expansion in this year‘s budget, the tax increase would rise to 3.5 per cent. To finance the expansion, another $2 million would come from a fundraising campaign initiated by the Y, $500,000 from Y reserves and borrowing of $300,000.
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