‘Costs up, revenue down

IF NORTH Vancouver

City Council members

-agree to the 1986 provisional budget that was
released Monday, taxpayers will be seeing a tax

increase of 11.6 per cent.

Giving his inaugurai
specth ‘after he and the
élected aldermen were sworn
into office, Mayor Jack
Loucks said: ‘‘A preliminary
survey of. the provisional
budget for 1986 shows an
increase of $1,278,157 which
would be 11.6 per cent
higher than the 1985 general
and dett levies.

JACK LOUCKS |
“This has been brought .

about by two main factors,”" ~

Loucks said, ‘*increased
costs and. decreased reve-
nue.” :

Loucks said the city’s
plans to add anew city clerk
and social planner, and the
. increase in insurance costs, ,

police protection and the |

Recreation Commission’s
services account for the ma-
jority of the increased ex-
perditures, : ;
Loucks : added that reve-
nue from. licences and per-

facilities

Olympic Swi

"By BARRETT FISHER

mits is expected to decrease,
interest rates will be lower
on investments, and federal
grants are expected to drop
which will account for
decreased money available.
But Loucks said the pro-

ih Bray
‘Betore leaving B.
igh medical costs
Fok Balti

visional budgei is only ‘a pre-
liminary one, based on sub-
missions received from
various departments. The
final budget will be set in
May, 1986.

“After council analyzes
the budget, it will reduce it
without critically affecting
the quality of services -ex-
pected by our citizens,”

Loucks said. ‘‘Last year a

projected seven per cent in-
crease in the provisional
budget was reduced to a 2.8

, insurance, fligh

per cent increase in the final
budget.”’

Loucks said important
issues the city council will
deal with in future will in-
ciude overpasses on the Up-
per Levels Highway at
Lonsdale and Westview, the

development of Lynn
Headwater Park.

Projects planned for the

city are the installation of a

5 - Wednesday., December 4, 1985 - North Shore News

for NV city

fully drained sand-turf field
at Kinsmen Stadium, the ex-
pansion of the city cemetery,
the refurbishment of Lower
Lonsdale and the replace-
ment of all remaining wood
stave pipe sections in the ci-
ty’s water system, the mayor
said.

Loucks commended city
council’s accomplishments
over the last year.

He said new construction
reached a value of $65 mil-
lion over a previous record
high of $49 million; traffic
flow improved due to the in-
stallation cf new traffic
signals on Lonsdale at 17th
and 20th Streets.

Loucks also recognized
the efforts of the city’s hard
working fire and police
departments.

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