I N S I D E : Cache Creek goes LED. Page 3
Journal ASHCROFT t CACHE CREEK
Volume 120 No 17 PM # 400121123
The
Thursday, April 25, 2013
Serving Clinton, Spences Bridge, Lytton, Savona, Walhachin and surrounding areas Since 1895
www.ash-cache-journal.com
$1.30 includes GST
7
78195 50011
6
Costs rising faster than Ashcroft taxes Ashcroft Council gave first three readings to their Tax Rate Bylaw, 782, and also to their Budget, Bylaw 781. Both bylaws require one more reading before they are approved. Ashcroft taxpayers are looking at another increase of 2.5 per cent, but treasurer Linda Howika says that will only amount to $370 in taxes collected, because of a decrease in property values for 2013. The increase will be approximately $18-$20 per home. Council is anticipating that future tax increases will need to be larger in order to catch up to rising costs, and will be working on a strategy to reduce expenditures while maintaining core services. Bylaw 782 sets the Residential tax rate at 4.1094 per $1,000 of taxable value, while business is 16.5477. Ashcroft is looking at a $4.4 million budget that includes $1,021,325 in collected property tax and capital expenditures this year of $530,498.
Diehard gardeners
Cache Creek taxes still increasing
It was an unusually cold and windy day for the annual Ashcroft Communities in Bloom Plant Swap. But that won’t stop a gardener. Everyone just put on the layers and huddled a little closer together while reaching for the little green treasures. The cold was but a passing thing; new plants in the garden will - hopefully - last forever. Donations to CiB were still warmly given and received.
Cache Creek Council approved the first three readings of its Bylaw 762, which precedes approving the annual budget. Mayor John Ranta noted that residential rates have been increased by 2.5 per cent, rising from 1.9979 per $1,000 of taxable value last year, to 2.0479 this year. All property classes saw a rise in taxes except for “Business and Other” which had a slight decrease, from 4.8047 last year to 4.7486 this year. The Village also collects taxes for the Regional District and the Hospital District. Forest Land, Recreation and Farm land rates went up for the TNRD while Residential, Industry, Utilities and Business went down. Tax Rates for the Hospital District went up for everyone, thanks to the multi-million dollar master plan for Royal Inland Hospital. Residential rates went from .3127 last year to .3916. Cache Creek’s 2013 budget includes a 2.5 per cent increase both in taxes and in utilities each year for the next five. It anticipates collecting $322,428 in property taxes and Grants in Lieu.
Spring means Fencing Season We carry garden fencing, farm fencing, post and rail, rough lumber, split rail, chain link and ornamental
Clinton Building Centre
give us a call ... we deliver Tel: 250-459-2544 Fax: 250-459-2596