Penticton Western News, November 3, 2021

Page 1

Thank You... For voting us BEST NOTARY.. Of the South Okanagan, for the second consecutive year!! (250) 770-8888 699 Main St #1, Penticton & 444 School Ave. Oliver

www.greglitwin.com

NEWS WEDNESDAY, NOVEMBER 3, 2021

.COM

PENTICTON WESTERN

➤ W HERE TRADITION MEETS INNOVATION

Tuesday to Friday 9 am to 4:30 pm

greg@greglitwin.com

ACTIVELY HIRING NOW Apply Now: gov.bc.ca/bccorre

ctionscareers

Andria.Cable@gov.bc.ca • 250

-498-7945

BE A ROLE MODEL, BE A PEA

CE OFFICER

VOL. 54 | NO. 44

www.pentictonwesternnews.com

New pay parking meters $98K over budget Brennan Phillips Western News Staff

The City of Penticton went over budget by close to $100,000 when it came to installing all of the new parking meters and pay stations. According to the third quarter financial update that was provided to city council on Oct. 19, the city’s costs to purchase and install the new machines was $98,000 more than expected. In the end, the city paid $286,000 for the installation of the 160 parking metres and 19 pay machines according to the city’s general manager of finance Jim Bauer, with some of the new equipment replacing previous meters and pay stations. Separate from the higher than expected costs for the purchase and installation, the city is expecting to come in below the 2021’s budgeted revenue from parking. For 2021, the city had bud-

geted for parking revenue at an estimated $1.05 million. Exactly how far below that budget the revenue is won’t be public until 2022’s budget is released, but Bauer confirmed that it has grown compared to 2019’s preCOVID-19 revenue. In 2019, the city gathered $422,093 in parking revenue, similar to the $421,284 that was gathered in 2018. Revenue took a significant drop in 2020 due to the pandemic and offsetting measures from city council to support local businesses by providing free parking. According to the 2021-2025 financial plan the city brought in a forecasted $233,000 for 2020. In addition to the new machines and the removal of the previous one-hour of free downtown parking, the city increased the costs for people who run over their time by upping parking tickets by $5.

The cost of the new parking meters installed on Main Street, Ellis Street, Front Street, Nanaimo Avenue and Padmore Avenue in Penticton came in over budget by $98,000. (Monique Tamminga - Western News)

https://www.regencyresorts.ca/ https://www.regencyresorts.ca

Safe, secure, enriched retirement living. Call Brandy at 250-770-1178


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.