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Lantzville begins preliminary 2012 budget process

Lantzville’s preliminary 2012 budget calls for a two-per cent increase in property taxes.

Jedha Holmes, Lantzville’s deputy director of financial services, said it’s early in the process and the budget could undergo considerable changes before the tax rate bylaw is adopted.

The tax rate bylaw must be adopted by May 15 and the district wants to have the plan complete by the end of April.

The preliminary budget was reviewed by Lantzville’s committee of the whole Monday. In addition to an increase in property taxes, it calls for an increase of $2 to the solid waste parcel tax, to $125, and recommends water and sewer rates remain unchanged.

Holmes said the committee will also review whether incomplete 2011 projects will carry into 2012, such as the Huddleston Park washroom building.

Capital projects under consideration for inclusion in the 2012 budget include road maintenance on Philip, Lavender, Lantzville and Dickinson roads, chip seal overlay on Phantom Road and Costin Hall upgrades.

The committee of the whole will re-examine the financial plan on Feb. 6. Holmes said people are welcome to attend.

For more information on the plan, upcoming meetings or to arrange to make a presentation, please e-mail district@lantzville.ca or go to www.lantzville.ca.

reporter3@nanaimobulletin.com

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