Financial Plans



Thompson-Nicola Regional District

2020-2024  2019-2023  2018-2022  2017-2021   2016-20   2015-19 

Thompson Regional Hospital District

2020 2019  2018  2017  2016  2015


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Budget 2020 Highlights

  • Provides funding for 119 individual services, from small local services to region wide.
  • Total taxes in 2020 have remained virtually unchanged compared to 2019, with only about a $30,000 change on a $23 million dollar requisition.
  • Increases or decreases in residential class taxation vary area by area due to individual changes in assessment compared to 2019. Six of the 11 municipalities and 10 electoral areas will expect to see a decrease in property taxes in 2020 while the rest will have increases.  These range from a decrease of $9.72 on average in the Village of Chase to an increase of $11.04 on average in the Village of Clinton.
  • The increases and decreases and mainly driven by relative changes in assessment values set by BC Assessment and the shrinking of assessment in non-residential property classes driven by shrinkage in forestry and other industries in the area.
  • This budget invests almost $29 million in public safety, including over $12.6 million in fire protection to rural communities over the next five years.
  • Includes investments for construction of new fire halls for Loon Lake and Tobiano volunteer fire departments.
  • Invests over $15 million dollars over five years into 11 drinking water and 3 wastewater utility services, including $1.4 million for a new water source for Black Pines, a proposed $5 million new water treatment and filtration plant in the Pritchard area (pending grant funding approval) 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) – pending public approval of the project and the community borrowing for their 1/3 share.
  • $9 million in continued operating funding for TNRD Public Library system in 2020, and greater than $47 million over the five years, including proposed new branch construction in Sun Peaks and the South-West area if Kamloops (pending grand funding availability).
  • Invests over $2.2 million into community parks and almost $2.0 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.