‘Pretty average’ 2.5% tax increase for City

Tax rates in the City of Duncan will go up 2.54 per cent in 2014, a number that isn’t out of line with other increases in recent years.

"It’s pretty average," said Duncan Director of Finance Talitha Soldera, noting that the increase was 2.3 per cent in 2013.

Duncan city council gave the first three readings to the 2014 tax rate bylaw and the six-year financial plan that includes the 2014 budget.

"We do a six-year plan just so we can try to look a little but farther," Soldera explained. "It helps us plan so we don’t end up having to borrow."

The 2.54 per cent increase is largely due to projected wage increases, the hiring of an engineering technologist, an increase in the city’s contributions to the library and Cowichan Aquatic Centre, and an increase in the transfer to the Police Bridging Capital reserve to lessen the effect of the city’s likely return to responsibility for policing costs in 2017.

Homes and businesses will feel the increase in different ways. The average single-family home that saw a 4.89 per cent assessment decrease will see a 2.54 per cent increase in municipal taxes or $28.52 on a home valued at $251,535. The average strata home that saw a 3.21 per cent assessment decrease will see a 4.45 per cent increase in municipal taxes or $27.59 on a home valued at $141,559. The average commercial property that saw a 3.95 per cent assessment decrease will see a 2.44 per cent increase in municipal taxes or $123.46 on a property valued at $429,143.

A number of major projects are factored into the 2014 budget, including:

$695,000 for upgrades to the firehall including seismic upgrading and the replacement of the roof

$465,000 for paving, spot repairs to the sewer main and upgrades to the water main on Dogwood Avenue between Arbutus and Hemlock

$535,000 for paving, storm main improvements, curb repairs, spot repairs to the sewer main and upgrades to the water main on Cedar Avenue between Government and Arbutus

$518,000 for the beginning of the residential water metering program

$300,000 for upgrades to City Hall heating and cooling and repairs to the flat roof

Just Posted

Chemainus campground on the chopping block as ALC deadline looms

Owners fighting to continue facility’s operation, with a huge outpouring of support

VIDEO: Hold onto your funny bones: Ron James is back on the Island

He’s been called ‘a genius’, and ‘funniest man in Canada’. Find out why when he comes to town.

Malahat truck crash cleared but over 200 still without power

Hydro poles taken out in Monday afternoon crash

Controversial Chemainus building must be torn down

Weight of evidence from bylaw enforcement staff and police is enough for North Cowichan council

UPDATE with VIDEO: Home on Allenby Road suffers early morning fire

The fire department was first called to the scene at 6:30 a.m.

B.C. forest industry looks to a high-technology future

Restructuring similar to Europe 15 years ago, executive says

RCMP conclude investigation into 2017 Elephant Hill wildfire

Files have been turned over to BC Prosecution Service

B.C. wants to be part of global resolution in opioid company bankruptcy claim

Government says settlement must include Canadian claims for devastation created by overdose crisis

Two Nanaimo residents share $5-million Lotto 6/49 prize

Jesse Logan and Teresa Winters Day matched all six numbers in Aug. 21 Lotto 6/49 draw

B.C. ends ‘birth alerts’ in child welfare cases

‘Social service workers will no longer share information about expectant parents without consent’

U.S. student, killed in Bamfield bus crash, remembered as ‘kind, intelligent, talented’

John Geerdes, 18, was one of two UVic students killed in the crash on Friday night

Free Tesla 3 offered with purchase of Surrey townhome

Century Group’s offer for Viridian development runs through Oct. 31

B.C. communities urged to improve access for disabled people

One in four B.C. residents has disability, most want to work

Most Read