Budget Highlights

The 2022-2026 Financial Plan was adopted by the TNRD Board on March 24, 2022. The plan budgets operational and capital revenues and expenses, and sets the tax requisition for the 2022 fiscal year between April 1, 2022 and March 31, 2023.

0
Local to Region-Wide Services Provided by TNRD
$ 23443000
Tax Requisition in 2022
0 %
Lower Tax Requisition in 2022 compared to 2015
  • Operating expenditures are $37,927,699 in 2022, and $23,445,474 will be funded through property taxes
  • Represents a tax requisition increase of 3.4% compared to 2021. The tax requisition was reduced by nearly $400,000 in 2021 during the COVID-19 pandemic; as a result, the tax requisition in 2022 is only 1.6% greater than in 2020
  • The TNRD’s current tax requisition is $523,493 lower than in 2015

  • Changes in taxation in 2022 will differ for properties, depending on variables such as changes to assessed value, services provided to an area and changes to the number of properties that share funding for a particular service
  • Valuation for the Village of Lytton was taken into account in the current assessment data, which results in a
    significant decrease in taxes for those property owners and pushes a slightly higher tax burden onto other areas of the TNRD
  • A home with the average assessed value in Kamloops can expect to see an increase of $5.56, while the average home in Lytton can expect a decrease of $61.12
  • Properties in the nine other member municipalities can expect increases, on average, ranging from $10.41 in Clinton to $41.26 in Clearwater
  • Decreases can be expected, on average, of $7.16 in Electoral Area “B” and $6.82 in Electoral Area “I;” increases can be expected, for all other electoral areas, on average,  ranging from $6.91 in Area “E” to $93.54 in Area “N”
  • Capital projects planned for 2022 include construction of a new Eco-Depot in Cache Creek, other improvements to landfills and transfer stations, construction of a new Loon Lake fire hall, a replacement fire truck for the McLure Fire Department, upgrades to the Ashcroft Library, and improvements to the Civic Building
  • Some of the projects included in the capital plan that are 100% grant funded include additions to the Blackpool and Vavenby fire halls, renovations to the McLure Community Hall & Fire Hall and improvements to Smith-Pioneer Park
  • Budgets money for rebuilding the public library in Lytton (funded by insurance), constructing a new firehall in Tobiano, and initial costs for a proposed new public library in southwest Kamloops
  • Invests more than $15.3 million over five years into 11 drinking water systems and two wastewater utility systems, including construction a new well in Black Pines and a water treatment and filtration plant in Pritchard
  • Invests more than $35 million over five years into pubic safety, including fire protection, E-911 service, search and rescue, emergency preparedness, highway rescue, dangerous dog control and building standards
  • Invests more than $58 million over five years into solid waste collection facilities and recycling and landfills, including construction of a new Eco-Depot near Cache Creek
  • Invests more than $5.5 million over five years into invasive plant management and mosquito management in electoral areas and participating municipalities
  • Invests more than $3.3 million into community and regional parks, and more than $2.8 million into community halls and other recreational facilities

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