Higher Fees Likely in 2018 and 2019
Prince George, B.C.- The City of Prince George Finance and Audit Committee is recommending Council approve an increase to off street parking user fees, the offstreet parking levy and to sewer rates.
The offstreet parking levy is paid by property owners in the downtown core. The current total amount collected is $750 thousand. The recommendation to Council is that the amount be boosted to $900 thousand in 2018. Director of Finance, Kris Dalio says while the total amount seems like a large hike (20%) the total amount is shared among property owners, so on an individual property basis, the increase won’t be as bad as it may seem.
The extra dollars are needed to build up the reserve in order to make necessary capital upgrades to existing parking facilities.
The Committee is also recommending Council approve a 2% increase to the off street parking user fee in 2018 and a further 2% in 2019. This increase is meant to offset operational costs for parking and is expected to add no more than $2 per month to monthly parking rates in each of the two years.
When it comes to sewer rate increases, the Committee is supporting a 3% increase to take effect in 2019. The sewer rate fee hasn’t been changed since 2015 when it was boosted by 15%. If Council approves the recommendation, the rate would increase from $445.20 to $458.56. Water rates would remain unchanged at $499.32.
Solid waste rates will see a $2% increase as of January 1st 2018, that hike was previously approved by Council, the good news is, the Finance and Audit Committee is recommending no increase for 2019.
All of the proposed changes must be given final approval by Mayor and Council with the matter expected to come before Council in October.