DBIA Brass Playing With The Taxpayers Money
By Ben Meisner
Recently the DBIA announced it would like to see discussion take place about a tax break for perhaps 20-30 or even 40 years for new development in the down town area covered by the DBIA .
A few days later the new president of the DBIA suggested that the Performing Arts Center should be built and he even laid out a time table for the structure.
The problem in all this boils down to one thing, which is, who is going to pay for these plans? Will it be the DBIA, the individuals themselves or (heaven forbid) the Taxpayer?
May I suggest you go straight to number three because that is exactly where the money would come from?
In the recent DBIA show, they unveiled, (for the most part an old drawing of what was proposed under the Commonwealth Plan) some "new" ideas for downtown.
They missed one important taxpayer funded plan, the new police station, and for the benefit of the DBIA directors, that single item carries a tab of somewhere between 37 and 40 million dollars. The full tab will be paid by the general taxpayer. That, for the information of the DBIA, will increase taxes by 4% and while that may not seem much in their world, if you combine that with a tax break (which will have to be augmented by all of the other business and general taxpayers in the city) and a further 4% for the Performing Arts Center they would like to see built , and that adds up to about a 10% tax increase before any normal increases are considered in a budget, much less the money needed by the Regional District.
What the DBIA directors might want to do is run the idea up the pole so that, “all of the DBIA members “of the DBIA have a say in the first instance whether that is the direction they would like to see their money go, and secondly (and more importantly) just how the general taxpayer of the city feels about these ideas.
At least two of the directors on the new DBIA board need not fear any tax increase, they don’t contribute to the general taxes of the city on a personal basis . That in itself speaks volumes about just how much authority they should wield in any plans to see additional taxes levied on everyone else.
I’m Meisner and that’s one man’s’ opinion.
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At a recent meeting in Victoria, a comment was made that Victoria is considering increasing the 10 year limit currently imposed by the provincial act that prevents that and under which both Victoria and Prince George are regulated.
Maybe this move is more popular than we thought and therefore might have a chance of seeing some change on the Province's part.