Hope Standard, March 27, 2014

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The Hope

Standard

Mustang girls start season with four home games in a row 15

Office: 604.869.2421 www.hopestandard.com

THURSDAY, MARCH 27, 2014

news@hopestandard.com

2013 BCYCNA

Business milestone Ian Harry of Boston Bar KalTire flips burgers during Saturday’s 25th anniversary celebration for Boston Bar Service Ltd. Between 225 to 250 people attended the event, including about 23 previous employees. The celebration featured door prizes, food, drinks, and balloons and candy for children. There was also a commemorative video looking back at the past 25 years of business in the Fraser Canyon.

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THIEVES STEAL LOGGING EQUIPMENT

A Merritt-based company has been targeted in a series of recent thefts

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EXHIBIT FEATURES SENIOR ART STUDENTS

Budding artists express their creativity and ideas at Hope Arts Gallery in April

KERRIE-ANN SCHOENIT THE STANDARD

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VOLUNTEERS AT GARDEN RECOGNIZED

The 2013 Don Bush Environmental Award will be presented March 29

INSIDE

Opinion . . . . . . . . . . . . 6 Community . . . . . 11 Sports . . . . . . . . . . . . 15 Classifieds . . . . . 17 $

1(PLUS GST)

No tax hike for Hope in 2014

Kerrie-Ann Schoenit Hope Standard

After months of political discord in Hope, taxpayers can breathe a sigh of relief. Council has decided to move forward with a zero per cent municipal tax increase this year. A 2.2 per cent increase was originally proposed at a public consultation meeting earlier this month, but council has opted to dip into a $5 million surplus to offset the $153,000 in property tax revenue. “I certainly respect and appreciate the work that’s gone into the budget to date, but I believe we are personally in a position to offer zero per cent increase for the coming year in light of some new financial information,” said Coun. Ron Smith, who put forward the motion during Monday’s com-

mittee of the whole meeting. “I think its not only appropriate but fiscally responsible to do so in the interest of the public.” The surplus was discovered by a financial consultant last October and is the result of accumulated unallocated funds from incomplete prior capital projects and other efficiencies found in previous operating/capital budgets that have been retained. Mayor Susan Johnston said that until recently council didn’t have the specific budget numbers to make an informed decision. “We were all in the dark until we had some review of our financial position,” she added. “I personally caution the public to not think that this money can mean zero tax increases beyond this budget year. We will find

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ourselves in a sad situation if we do not at the very least meet the cost of living increase each year. We have some serious infrastructure to replace and repair and that money will dissipate quickly.” Many of residents in attendance at Monday’s meeting see council’s decision as a step in the right direction for Hope. “I am very happy to see that you’ve decided to go with the zero per cent tax increase. That was one of the major initiatives of our petition that we presented to you back in August,” said Ray Zervini, who spearheaded the petition last year. “The zero per cent sends out a good strong (message) that you are listening.” The district projects an overall operating revenue of $10 million this

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year to cover $9.9 million in expenses. Capital project costs alone are anticipated to total $2.2 million. Coun. Scott Medlock raised some questions Monday night about specific line items in the budget, particularly $50,000 for a Memorial Park bandstand upgrade. Several councillors acknowledged the importance of investing in existing infrastructure and considering user group requests, but also the need to be prudent with finances. Chief administrative officer John Fortoloczky confirmed that the remaining surplus will be the subject of forthcoming policy proposals for infrastructure re-investment and onhand cash reserve levels in order to pay for upcoming capital improvements. It will also be used to buffer taxpayers from future increases.

(604) 869-2279 895 Third Avenue, Hope BC

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