The Powell River Regional District Board of Directors has approved the 2016 Operating and Capital Budgets and the Five-Year Financial Plan. The Regional District is statutorily obligated to adopt its annual Operating and Capital budgets by March 31 of each year.
The Regional District provides 35 services to the residents of its membership, which includes five electoral areas and the City of Powell River. Those services are broken down as eight regional services, nine sub-regional or shared services and 18 local services.
Operating expenditures for the Regional District in 2016 will total $7.9 million, $920,000 more than the 2015 budget. Based on the approved budget, the residential tax rate is expected to increase on average, $8.60 per $100,000 of net taxable property value.
The budget and taxes affect residents in the region differently, depending on variables such as services provided to that area and changes in property assessments. Chair Brabazon stated, “Even in these difficult times of meeting provincial standards, delivering service expectations or creating hope and opportunity, taxes are being kept to a respectable level”.
When asked, Regional District Chairman Patrick Brabazon commented that the Regional District is breaking new ground on engagement. “These are exciting and interesting times when it comes to communicating with and engaging the public. We are exploring new territory and implementing techniques that we have not utilized in the past”, he said.