Preliminary budget presented to Comox council

In his presentation to Comox council, the Town’s director of finance presented council with his proposed five-year special project and capital budget, based on a 2.43 per cent property tax increase.

Clive Freundlich told council the plan is in its second year, and is also based on business tax increasing by 1.4 percent.

Some highlights include maintaining local roads in good repair, various condition assessments and capital upgrades focused on maintaining the sanity sewer.

He noted most of the capital funds are directed towards replacing infrastructure, surface replacement and maintaining and replacing vehicles.

The proposed capital plan budget for 2018 is $5,222,360, with a proposed five year total (to 2022) is $21,820827.

The special project budget consists of non-recurring expenses of significant dollar value or that are items of interest, such as studies or substantial repairs.

The budget will return to council for subsequent reviews in March, with the final reading set for May 2.

Just Posted

‘Beauty amongst such tragedy:’ B.C. photographer captures nature’s trifecta

David Luggi’s photo from a beach in Fraser Lake shows Shovel Lake wildfire, Big Dipper and an aurora

Glacier View residents take a ride on the river

Ground Search and Rescue guides floaters on Puntledge

Brewing up some community engagement

Insp. Tim Walton says goodbye to the Comox Valley

Vancouver Island woman to attempt historic swim across Juan de Fuca Strait today

Ultra-marathon swimmer Susan Simmons to attempt to swim from Victoria to Port Angeles and back

‘We will not forget:’ Thousands attend funeral fallen Fredericton officers

Hundreds of officials marched in the parade, which included massed band, several police motorcycles

Lions give up late TD in 24-23 loss to Argos

B.C. falls to 3-5, fumbling away last-minute chance in Toronto

Eagle tree cut down legally a 1st for B.C. city

Planned eagle preserve ‘a first for City of Surrey’

Smoky skies like a disappearing act for sights, monuments around B.C.

Haze expected to last the next several days, Environment Canada said

Canadians react to death of former UN secretary-general Kofi Annan at age 80

Nobel Peace Prize-winning former UN leader died early Saturday following a short illness

44 drownings so far this year in B.C.

Lifesaving Society urging caution to prevent deaths while on lakes, oceans and in pools

Some of B.C.’s air quality levels worse than Jodhpur, India

Okanagan, northern B.C. seeing some of the worst air quality globally

Most Read