qathet Regional District Adopts 2022 Budget and Five-Year Financial Plan

Powell River, BC – At the February 24, 2022 Regional Board meeting, the qathet Regional District (qRD) Board of Directors adopted the 2022 Operating and Capital Budgets and the 2022 – 2026 Five-Year Financial Plan. The qRD is statutorily obligated to adopt its annual Operating and Capital Budgets by March 31st of each year.

 

The 2022 Budget will operate on a total of $29 million dollars. This represents a net operating budget for the year of $12.6 million, total capital spending of $14.3 million and total debt payments and transfers to reserves of $2.2 million. The qRD has applied for and obtained total grant funding of $4.1 million to assist with many planned projects.

 

Projects planned for 2022 include:

  • Continuation and expansion of the Regional FireSmart program
  • Continuation of coastal flood mapping for the islands
  • Continued design and initiation of construction for the Resource Recovery Centre
  • Completion of the Northside Fire Hall Training Centre
  • Acquisition of 2022 aerial imagery for internal use and online mapping
  • Development of a water refill station for Malaspina Fire Protection service
  • Replacement of a fire engine for Savary Island Fire Protection service
  • Upgrades to the Myrtle Pond Water infrastructure
  • Installation of wildlife fencing for Texada Island Airport
  • Installation of a wastewater monitoring system for the Lund Sewer service

“This year’s budget reflects our collective efforts at the Board table to provide high quality services without substantial cost increases to our taxpayers,” said Regional Board Chair, Patrick Brabazon. “Our dedicated staff continue to offset rising costs with successful grant applications and create service efficiencies whenever possible.”

 

The 2022 – 2026 Five-Year Financial Plan outlays all regional district services as well as the projects identified by the Regional Board as priorities. The qRD currently provides 46 services to the residents of the region, which includes five electoral areas and the City of Powell River. Those services are broken down as 10 regional services, 15 sub-regional or shared services and 21 local services. For more information on the Five-Year Financial Plan and annual budgets, please visit qathet.ca/finance/financial-plan/.

 

The qRD serves the rural areas from Lund to Saltery Bay, the City of Powell River, Texada, Savary and Lasqueti Islands and provides some services, through contract, to Tla’amin Nation. To learn more please visit qathet.ca.

 

CONTACT:
Linda Greenan, Manager of Financial Services

#202 – 4675 Marine Avenue

Powell River, BC  V8A 2L2

(604) 485-2260

lgreenan@qathet.ca

qathet.ca