Council opens book on 2016 budget

Keremeos Council starts budget deliberations for 2016.


With a preliminary operating budget presented it appears that the village is on track to have a smaller tax increase than 2015, even with additional funding needed for the Okanagan Regional Library Board.

Council voted unanimously that a one-time payment of $7,574 will be taken out of the contingency fund to pay the village’s portion of the funds needed to keep the service level the same at the library.

The decision was made Monday during a regularly scheduled meeting.

Area B and Area G (excluding Hedley) will pay the remainder of the needed funds.

Next year the funding is expected to be collected through a tax requisition service bylaw.

Pat Burke, who has been hired as a financial consultant for the village as the search continues for a new chief financial officer, explained that the village’s Financial Plan Bylaws include a projected 2 per cent increase in tax revenues each year.

That increase is collected through growth (new builds, upgrades minus demolition) and increase to the existing tax base.

At this point, as the budget is preliminary, it’s unknown what if any increase might look like for taxpayers in 2016, but it’s expected to be significantly less than the 5 per cent increase approved in 2015.

“It’s too early in the process to speculate on any increase,” Bauer said.

What is known is, no changes to user fees decided by the village, including sewer user fees, cemetery fees or Victory Hall rental fees, are anticipated in 2016.

Two debentures for the Waste Water Treatment Plant will end in December 2015 and June 2016. The decrease in debenture payments results in a decrease in parcel taxes. Property owners in the lower/downtown area of Keremeos and Kview Estates will see a significant decrease in parcel taxes during the next two years.

Council approved unanimously to invest $4,000 into a business facade improvement program. The details of that program are not yet fully developed, but the program would allow eligible business owners to apply for a grant to a maximum of $2,000 to be used to improve the outside of their building.

An asset management plan that will be undertaken in the coming year will be funded partially by $10,000 being taken from reserves.

The asset management plan will provide a roadmap into the conditions of existing assets and the need for upgrades in coming years.

“The Asset Management Planning Process, including the Waste Water Treatment Plant Physical Condition Assessment, may necessitate council considering in the near future options such as a levy for the specific purpose of infrastructure replacement,” Burke’s report to council stated.

Council will hear more about the 2016 budget in the New Year. A final operating budget will be presented along with a capital budget outlining projects expected to be completed in the coming year. For more information on the preliminary budget visit the village’s website at

Just Posted

Funding changes mean closure for Success By 6

B.C. making major changes to early childhood development funding

Back to work for Penticton businesses impacted by bomb threats

Multiple car dealerships were evacuated as the result of an international e-mail hoax

Two men arrested in Lower Similkameen on outstanding warrants

RCMP had a busy Sunday making three big arrests related to the Keremeos area

Okanagan College unlocks time capsule

Items placed in 1993 and kept in capsule in library opened at special ceremony

VIDEO: Royals reveal the images on their Christmas cards

Prince William and his wife Kate are shown outside in casual clothes, their three young children in tow

ICBC to apply for 6.3% hike to basic insurance rates

Crown Corporation said it will be submitting its next basic rate application to the British Columbia Utilities Commission Friday

Media, robotics, Indigenous studies coming to B.C. Grade 12 classrooms in 2019-20

Provincial tests are also being changed for students in Grade 10 to 12, the Education Ministry said

Stranded B.C. trucker writes final wishes before being rescued 3 days later

‘I was just praying someone would come along’

Canfor Corp. extending temporary curtailment of sawmills in B.C.; cutting hours

Vancouver-based company says the decision is due to declining lumber prices, high log costs and log supply constraints

Canada’s prospective world junior team members await final roster decisions

Thirty-four players were invited to the national junior selection camp

Avalanche control scheduled tomorrow on Highway 1 east of Revelstoke

Avalanche control work is scheduled along Highway 1 on Dec 15. From… Continue reading

Family searching for B.C. professor last seen at Colombian salsa club

Ramazan Gencay, a professor in economics at Simon Fraser University, was last seen in Medellin

Final phase of Kelowna hospital cardiac centre completed

Finishing new recovery rooms last stage of $381 million project

Most Read