AlS - Wednesday, May 9, 1984 - North Shore News

NORTH VAN CITY

By MAUREEN CURTIS

DESPITE INCREASED
costs and decreased revenue,
the City of North Vancouver
has succeeded in bringing ina
budget for 1984 that is less
than one per cent higher than
last year’s budget. And that
despite a three per cent in-
crease that was predicted at
the December 1983 inaugural
meeting.

A lower school tax means
that the average property
owner will actually pay less
total taxes than he did in
1983.

The total increase over last
year’s budget is $84,000,
which amounts to an average
increase of $2-3 per single
family property, $1 or $2 per
strata property and $60 per
commercial property.

“Our staff can certainly
feel pretty good about this
year’s budget,’’ said Mayor
Jack Loucks.

Council and staf have been
meeting on a regular basis
since early in the year in
order to develop an annual
budget that reduced taxes to
a minimum, but retained the
same level of service.

This was done in the face
of increased costs in many
areas beyond Council's con-
trol. The RCMP contract Is
up by $281,303 and $57,805
in addiuional operating funds
have been allocated to the

Recreation Commission due

to greater usage and
expenditures.
For various reasons, the

City’s share of the funds go-
ing to the North Shore Board
of Health have increased by
$45,769.

In addition to the usual
grants, the City ts providing
about $40,000 to Silver Har-
bour Centre and $10,000 to
Litthe League Baseball! this
year.

The City has also had to
budget for decreased
revenues. Income from the is-
suance of licences and
revenues is down by $80,842.

Short term investment in-
come is lower by approx-
imately $120,000. Revenue
sharing grants, which provide
the major portion of City
revenue, were reduced by the
provincial government by
more than nine per cent,
which amounts to a loss of
about $120,000.

The City estimates that the
owner of the average single
family residence will have to
pay about $626.78 in proper-
ty taxes this year, as opposed
to $623.84 last year. Other
taxes (including school taxes)
however, are down from
$796.94 to $746.24. Subtrac-
ting the $380 homeowner
grant, the total City taxes for
the average single family
residence are lower at
$993.02 that the 1983 figure

NORTH VAN DISTRICT
5% more for

INDUSTRIAL TAX rates
will increase Over 26 per cent

mothe District of North
Vancouver in 1984, com
pared to a TS per cent in

crease for business and only
a five per cent increase for
residential properties

That is the effect of the
$32 S83 610 1984 North
Vancouver District budget,

given three readings Monday
and scheduled for final ap
proval next week

Linder the budget, the
district will raise $17,388,546
through taxation, 7 71) per
cent more than in PYky due
largely to unconds
honal revenue sharing erants

cuts on

from the provincial
Rovernimem
The cffewt of otf

set to a degree by decreases

that as

in the watet and sewer utility
bodpets leading Co a nero
crease of five per cent sn thre
tak otal the average North
Noattoouvet district Peconane
owner wtllrecerse

Tivuastecal porepenrty cwmnves
appear hardest tat ty the
tevsedpret Tht PORNO S wath an
ASOT ARE 264 pra cea mi
reane tn thea las rates

oat Aid ee 9k |
rofvottdeapbieety Shee eh  . cotataptiaeed
setty thn TAN Dd Sapel
boocuge atpeduastrse ss stall fate well
wi hoon ne rt

ey oc ve tu
roratede tpoapbrtires

\ oe ee te tsaat:

Teactrre spray votady a vera
toe hiave tbe ay aa
ae woe whose Vacs

an hae 1 ce oe

business
1S per cent,
resort. levies
will increase by five per cent
Major budget expen
ditures by the municipality
consist of $3,733,540 for
general government and
$1,468 847 for debt charges
Protection

Meanwhile,
tates wall rise
while seasonal

tax

services wall
cost $6,571,160 for the fire
department and $4,195,900
for police and taw
enforcement Pubhe works
and drainage will tally
$2,213,300, while waste
removal wall cost an

estimated $1,962 600

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of $1,040.78, resulting in an
overall reduction of $47.76.

Total strata property tax is
also down by an average of
$24.27. Owners will pay a
total of about $443.21 this
year, $401.08 municipal tax,
plus $422.13 in other taxes,
minus the homeowner grant).
Last year the average strata
title resident paid a total of
$467.48.

Due to fluctuating values,
the City did not provide
average rates for commercial
property owners. A random
selection indicated an average
increase of less than one per
cent. Countering this minor
increase, is the transit levy,
which is up by 400 per cent.

Various factors helped
Council and staff keep tax in-
creases tO a minimum.
Revenue from Lonsdale
Quay properties in the form
of taxes or grants in lieu of
taxes figured significantly in
this.

**Although it is still to ear-
ly to determine, we are confi-
dent that our tax increase of
less than one per cent for
tesidential and commercial
property owners will be one
of the lowest in the Lower
Mainland,’’ said Mayor
Loucks.

At the same meeting, coun-
cil passed resolutions that
will increase taxes on = in-
dustrial properties by 10 per
cent.

homes

The total municipal
budget totals $28,064,136,
while the total water budget
is $2,281,974 and the sewer
budget is $2,237,500

If we

The municipal budgets

Budget less than 1% higher

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