Nanaimo City Hall. (News Bulletin file photo)

Nanaimo City Hall. (News Bulletin file photo)

Nanaimo council gives three readings to budget with 5.2% tax increase

City council approves user rates, moves closer to adoption of 2020-24 financial plan

Nanaimo residents can expect a property tax increase next year.

Councillors, during their regularly scheduled council meeting on Dec. 16, unanimously gave the first three readings of the city’s 2020-24 financial plan without any debate or discussion.

Should council adopt the financial plan, residents will be hit with 5.2 per cent property increase in 2020.

Municipal user fees will also increase next year. Water user fees will increase by 7.5 per cent or $42 for an average single-family home, sewer fees will increase by four per cent or $6 and sanitation fees will increase 0.6 per cent or $1 in 2020.

RELATED: Nanaimo city council expected to vote on 5.2-per cent property tax increase

During Monday’s meeting, Laura Mercer, the city’s director of finance, said the projected impact to a typical home is $109 for municipal taxes and $158 when including the user fee increases. She said the financial plan will enable the city to fund initiatives such as improvements at Harewood Centennial Park.

“This financial plan bylaw reflects that we are investing in our community through funding new amenities,” she said.

Mercer said the plan also enhances public safety by providing funding for additional RCMP officers.

“There was a full 15 officer commitment, so three a year for the next five years,” she said. “We have added two new prison guards and we are increasing the hours for bylaw enforcement officers from 35 hours a week to 40 hours a week.”

According to the 2020-24 financial plan, the city is anticipating $196.5 million in revenue next year, with roughly 60 per cent coming from property taxes and 24 per cent coming from user fees. The 2020 net expenditure budget will increase by $5.53 million, with the staff wages and benefits rising by approximately $2.8 million.

Notable expenses for 2020 include $3 million for road rehabilitation, $3 million for Fire Station No. 1, $2.2 million for fire department fleet renewal, $1.5 million for city fleet replacement and $100,000 for an economic development strategy.

Total projected revenues for 2020 are $196.5 million with 60 per cent coming from property taxes and 24 per cent from user fees.

Council has until May 2020 to formally adopt the financial plan.

RELATED: Nanaimo’s potential property tax increase trimmed to 5.1 per cent

RELATED: City of Nanaimo budget talks underway, projected tax increase up to 5.6 per cent

RELATED: City of Nanaimo’s budget talks start with 5.2-per cent tax increase







nicholas.pescod@nanaimobulletin.com 
Like us on Facebook and follow us on Twitter and Instagram

 

Just Posted

Nanaimo City Hall. (News Bulletin file photo)
City of Nanaimo adopts this year’s tax rates, sends out property tax bills

City says tax increase will amount to $68 for a typical household

Nanaimo RCMP asked the public for help finding a 60-year-old who had been missing since May 9. He has since been found. (Photo submitted)
UPDATE: Nanaimo man located after he had been missing more than a week

Police had expressed concern, noting 60-year-old requires daily medication

A turn-control median at the intersection of Opal and Rock City Roads. (Chris Bush/News Bulletin)
Nanaimo council sticks with Opal Road decision despite residents’ call for reconsideration

Opal Road delegation claims ‘breakdown in the democratic process’

North Cedar Volunteer Fire Department crews at the scene of a single-vehicle crash on Barnes Road near Holden Corso Road in Cedar. (Chris Bush/News Bulletin)
Jeep rolls over on wet afternoon in Nanaimo, occupants OK

Incident happened Monday on Barnes Road in Cedar

Fire investigators employ an aerial ladder truck to do an overhead inspection of fire damage to the Family Practice Clinic that was destroyed by a blaze on the weekend. (Chris Bush/News Bulletin)
Fire destroys Nanaimo medical clinic, doctors will try to keep helping patients

Investigators trying to determine cause of blaze at building on 104th Street

North Cedar Volunteer Fire Department crews at the scene of a single-vehicle crash on Barnes Road near Holden Corso Road in Cedar. (Chris Bush/News Bulletin)
Jeep rolls over on wet afternoon in Nanaimo, occupants OK

Incident happened Monday on Barnes Road in Cedar

The top photo is of a real carbine rifle, while the bottom photo is the airsoft rifle seized from a Kelowna man on May 15. (Contributed)
RCMP issue warning: ‘Imitation firearms need to be dealt with responsibly’

A man brandishing his airsoft rifle in public had his weapon seized by Mounties on Saturday

Elvis Stojko will be performing with Stars on Ice in Victoria this fall. (Julie Larochelle Briere photo)
Kurt Browning, Elvis Stojko hit the ice when Stars On Ice returns to Vancouver Island

The star-studded lineup is makes a return after pandemic hiatus

Abbotsford Regional Hospital. (Black Press Media files)
Canada marks 25,000 COVID-19 deaths since the pandemic began

The grim milestone means 6 in every 10,000 Canadians died of COVID-19 since March 9, 2020, when the country’s first COVID-19 death was reported

Staff-Sgt. Svend Nielsen, with the 100 Mile House RCMP. (Melissa Smalley - 100 Mile Free Press)
14-year-old boy killed in serious ATV crash near 100 Mile House

Youth was travelling with a group of peers when the incident occurred last Friday

Relief is coming for B.C.’s struggling tourism sector. (NEWS file photo)
B.C. officials set to announce more support for tourism sector hit hard by pandemic

Non-essential travel is restricted between three regional zones in B.C. until at least May 24

This image released by Universal Pictures shows Nathalie Emmanuel, left, and Vin Diesel in a scene from “F9.” (Giles Keyte/Universal Pictures via AP)
The blockbuster movie is making a comeback this summer

Excitement in the industry is growing again for a return to a big-screen normal

B.C. Health Minister Adrian Dix and provincial health officer Dr. Bonnie Henry update the province’s COVID-19 vaccine program, May 10, 2021. (B.C. government)
B.C.’s COVID-19 infection rate stays below 500 a day over weekend

14 more deaths, down to 350 in hospital as of Monday

Emergency service workers at the collision scene along Highway 4 in Hilliers on Sunday, May 16. A motorcyclist was airlifted to hospital by BC Air Ambulance and later died. (Collin C photo)
UPDATE: Motorcyclist dies from injuries sustained in Mid-Island highway collision

BC Highway Patrol says impairment not a contributing factor in crash

Most Read