Kamloops, BC – March 30, 2023 – The Thompson Regional Hospital District (TRHD) Board of Directors has approved the 2023-2027 Financial Plan and funding requests for contributions to capital equipment purchases in 2023.
An average home assessed at $600,000 within the TRHD will pay approximately $176.58 in 2023 for their portion of residential hospital district taxes, which is a decrease compared to $205.32 in 2022. This decrease is due to new assessment growth in the TRHD residential tax base, and also due to utility and business classes taking up a larger share of the overall tax base and reducing the overall taxes owing for the residential class as a result.
The tax requisition in the 2023 budget is just under $16.4 million, which represents a 1.5% increase over the prior year. The 2023 budget includes $5,976,000 in spending on capital equipment at healthcare facilities within the TRHD boundaries. For a list of capital projects included in the TRHD 2023 budget, click here.
“The adjustment of our overall budget by 1.5% is intended to put money towards Phase 3 of the Royal Inland Hospital facility master plan,” said Board Chair Mike O’Reilly.
To read the Hospital District’s 2023-2027 Financial Plan report that was presented to the Board, click here.
About the Thompson Regional Hospital District:
The Thompson Regional Hospital District (TRHD) generally exists to borrow funds and finance construction projects or equipment purchases at facilities within its boundaries. Capital projects are cost-shared between the Province of BC and the TRHD.
The TRHD Board of Directors is comprised of 31 members, including all 27 Board members of the Thompson-Nicola Regional District, two elected officials from the Squamish-Lillooet Regional District (Electoral Areas “A” and “B”), and one elected official, respectively, from the District of Lillooet and Columbia-Shuswap Regional District (Electoral Area “F”). To learn more about the Thompson Regional Hospital District, please visit: tnrd.ca/trhd.
Mike O’Reilly, Board Chair
Thompson Regional Hospital District
Tel.: 250 819-3165