Council Prepares to Crunch Numbers
Prince George, B.C. – Budget discussions get underway at Prince George City Hall tomorrow.
The proposed financial plan calls for a 3% increase (nearly $3.1 million) to maintain service at current levels and cover contractual commitments.
It is also proposed that some line items (separate from general tax) be increased.
The provisional plan calls for a $700 thousand dollar boost to the Snow Control Levy, a further $965,159 be added to the General Infrastructure Reinvestment Fund and an increase of $18,258 to the Road Rehabilitation Fund to bring it to $5 million a year which, when combined with the Community Works funding of about $2 million, will bring the Road Rehabilitation fund to an even $7 million a year.
As promised, the Canada Winter Games levy will disappear, meaning the overall levy will be $2,081,884 less than it would have been if the CWG levy was continued.
When it comes to revenue, the City is predicting $2.6 million for its share of funds from the Casino, unchanged from 2015. Traffic fine revenue is expected to be just over $1 million, down about $31 thousand from the amount received this year.
As has been the case in the past, the public will have an opportunity to address Council prior to the budget discussions getting underway. Although 15 minutes have been set aside for that public input, the Mayor has the discretion to extend that period should it be needed.
The first session gets underway at 3:30 on Wednesday.