Tax Effect

of change

Recommended Change (Increase)

Reference From To Decrease

Culvert & Storm Connection Revenue (25,000) (28,200) 3,200
Breaks even with expected expenditures.
Engineering Consultants _ 46,400 30,500 15,900
Pitt River Road (Engineering) 425,000 440,900 (1.5 ,900)
Provincial Secondary Highways Grant (212,500) (220,450) 7,950
Transfer from Road DCCs (212,500) (220,450) 7,950
Above 4 changes take the portion of
Engineering Pitt River Road & add
it to the Capital request & bill the
Province for  & recover the other
from Roads DCCs.
Environmental Protection 6,000 3,500 2,500

Revised estimate.
Trans from Tax Sale Reserve (3,800,000) (3,910,000) 110,000

Transfer to Tax Sale Reserve 106,290 128,290 (22,000)
Above 2 items take the cost of the
radio system from our Tax Sale Reserve
& start repayment over a 5 year period.
Tables & Chairs (Mabbett Room) 3,900 1,000
Tables & Chairs (Hyde Creek) 3,000 1,000
Buy lesser amount. ,
Office carpet 3,500 3,500
Hairdryer outlets (Hyde Creek) 1,000 1,000
Engergy Management Equip (Arena) 5,000 5,000
Lighting Routley Park 5,000 5,000
Hot Chocolate Machine 1,000 . 1,000
Paint McLean Park Light Poles 1,200 1,200
Cut completely.

Total Reduction in Taxes Recommended $219,800

These changes if accepted will reduce general property taxes to $9,385,844 which is an
increase of approximately 8% (5% after growth) from last year.

BUDGET CONCERNS:

money we are spending on roads capital (or extraordinary maintenance)
g run to do the jeb required, we have about 130 Km of
The amount of money in
roads is $200,000 which. if continued over a

e expecting our side streets to last 125 years.
eax life (designed for 20 year life) so

an annual allocation of $1,000,000 would be required.

1. The amount of
“is not sufficient over the lon
local streets which are worth somewhere around $25,000,000.
our 1987 budget for upgrading these
period of time would mean that we ar
A more reasonable expectation would be a 25 y

e Kilmer House but our budget does not include any funds for

We are purchasing th
it is therefore assumed that one will offset the other.

operating costs or revenues,

J. Maitland