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CVRD board adopts 2019 budget

The Comox Valley Regional District board has adopted its 2019–2023 financial plan, which includes a total budget for 2019 of $134.8 million (a net operating budget for the year of $73.9 million and total capital spending of $60.9 million).
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The Comox Valley Regional District board has adopted its 2019–2023 financial plan, which includes a total budget for 2019 of $134.8 million (a net operating budget for the year of $73.9 million and total capital spending of $60.9 million).

“The CVRD delivers 99 services across the entire Comox Valley,” board chair Bob Wells said. “Each homeowner’s property tax impact will vary depending on the mix of regional district services provided to either the municipality or electoral (rural) area in which their home is located. If residents are unsure what services are provided in their area, contact the CVRD at 250-334-6000.”

The budget reflects major projects underway throughout the region. The list below highlights some of the planned activities budgeted in 2019 as part of the overall plan:

General Fund

Regional Organics Composting Facility - $8.5 million

Comox-Strathcona Waste Management Landfill Closures - $3.4 million

Regional Office Building Project - $11 million

Morrison Creek Park Acquisition - $350,000

Seal Bay Park Upgrades - $350,000

Water Fund

Comox Valley Water Treatment Project - $16.9 million

Puntledge River Water Main Repair - $500,000

Black Creek / Oyster Bay New Water Well – $680,500

Gartley Road Water Main Upgrade (Royston) - $424,000

Sewer Fund

Sewer Conveyance Upgrades - $1 million

Equalization Basin Upgrades - $7.2 million

Compost Facility Expansion at Bevan Road - $4.2 million

These projects are in addition to regular services provided by the CVRD. These include land use planning, fire protection, electoral areas parks and greenways, building inspection, drinking water treatment and supply, and operation of the waste management centres and recreation facilities.

FMI: www.comoxvalleyrd.ca/currentbudget. Click on recommended financial plan.