Thursday, March 03, 2016

1.9% Tax Hike in RDNO 2016 Budget

Posted on 3/3/2016 by Ron Manz 107.5 KISSFM
Tax payers in the Regional District North Okanagan will see a 1.9% increase this year. The District's Committee of the Whole endorsed the 2016 financial plan Wednesday night. It includes and overall budget of $63.6 million dollars, with $43.1 million going to operations and $20.5 million to capital projects. Board Chair Rick Fairbairn the hike is about the same as last year. "It's in line. You know we are under pressure to increase service delivery, but it is difficult to do that and keep the inflation rate at the same level." Fairbairn says administration has worked long and hard to get things done. "We're pleased with the overall plan and appreciate all the staff work to keep the budget in line actually with the rate of B.C. inflation which is at 1.9% too, I believe." The budget will be adopted at the RDNO meeting scheduled for March 23rd.
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REGULAR AGENDA (70 Pages)
1. 2016 Financial Plan
– Consolidated Budget

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