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HomeNewsWilliams Lake Council nearing adoption of reduced budget

Williams Lake Council nearing adoption of reduced budget

Williams Lake Council’s special meeting this past Wednesday saw three readings given for the 2023 to 2027 Financial Plan bylaw.

In a release from the City, the operational budget will have an increase from $27 million to $29 million, however the overall budget will see a drop from $46.5 Million to $45.9 million.

Council also lowered the municipal property tax mill rate by 4 percent, though variations from BC Assessment will have taxpayers see an overall average of 6.6 percent municipal tax increase.

The release gave highlights to the $15,776,616 capital budget, which includes:

  • General capital projects total $7,874,528 including annual paving rehab and saddle replacement ($1,535,000), street light LED upgrade ($116,000), Wildfire Risk Reduction Fuel Treatment within Williams Lake ($349,093) and a new RC Cotton Boat Launch ($120,000)
  • Airport capital projects total $1,851,506 including updating the Airport Utility Master Plan ($125,000) and security gate upgrades ($60,000)
  • Water capital projects total $2,836,053 including Well #6 replacement ($1,961,870), sanitary bio-solid removal ($398,820) and Wastewater Treatment Plant and Lagoons Assessment ($150,000)

The Financial Plan Bylaw, along with the Municipal Tax Rate Bylaw will be considered for adoption at the next regular council meeting, on Tuesday, May 2nd.

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