Financial Plans

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Thompson-Nicola Regional District

2019-2023  2018-2022  2017-2021   2016-20   2015-19  2014-18

Thompson Regional Hospital District

2019  2018  2017  2016  2015  2014

 

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Provisional Budget 2019 Highlights

  • Provides funding for 118 individual services, from small local services to region wide
  • Total taxes in 2019 are projected to decrease slightly from 2018, with all areas except the City of Kamloops receiving a decrease in taxes for solid waste management services.  This may change in the final annual budget area by area once new 2019 assessment data is received from BC Assessment.
  • This budget invests more than $26 million in public safety, including over $11 million in fire protection to rural communities over the next five years, including increases in funding for five rural fire departments which the TNRD is assuming administrative responsibilities for – Little Fort, Loon Lake, McLure, South Green Lake and Tobiano.
  • Includes investments for construction of new fire halls for Loon Lake and Tobiano volunteer fire departments.
  • Invests over $13.3 million dollars over five years into 11 drinking water and 5 wastewater utility services, including $1.4 million for a new water source for Black Pines and $3.6 million to install water meters in all TNRD drinking water utilities.  The water meter project is funded 100% through a successful grant awarded from the Federal Gas Tax-Strategic Priorities Fund
  • 2/3 of the Black Pines water project is funded by Federal Grant (New Building Canada – Small Communities Fund grant)
  • While allowing for improvements the service, this budget has reduced taxation for Solid Waste Management Services by $1,025,000 in 2019 and each year thereafter
  • $9 million in continued funding for TNRD Public Library system in 2019, and greater than $46 million over the five years
  • The above includes updates anticipated expansion of library branches with a cost of $5,000,000, to be primarily funded by grants being applied for
  • Invests over $2.3 million into community parks and over $4.0 million into community halls and other recreation facilities throughout the TNRD over the five years

The Local Government Act states that "a regional district must have a financial plan that is adopted annually, by bylaw, by March 31. The planning period for a financial plan is 5 years, that period being the year in which the plan is specified to come into force and the following 4 years.

The preparation of the financial plan begins in the fall of each year and a provisional financial plan is presented to the Board of Directors at that time. The financial plan incorporates requests from Directors and service committees, any new services as well as staff estimates of funding amounts required to maintain current service levels. The final Financial Plan is then presented in March and adopted before the deadline of March 31.

We want your feedback!

The finance department conducts public budget consultation in conjunction with other service related meetings throughout the year at various locations in the Regional District.

The Regional District encourages input from taxpayers from either the electoral areas or the member municipalities on the Financial Plan. You will find an input form here that you can mail, fax or email to the TNRD; or simply click here to fill out an online form.