Res­i­dents get early Christ­mas present

No tax in­crease for Bay Roberts tax­pay­ers in 2010

The Compass - - FRONT PAGE - BY DENISE PIKE

Bay Roberts Mayor Glenn Lit­tle­john wasn’t wear­ing a Santa suit, but he handed out all kinds of good­ies and gifts to res­i­dents of his town dur­ing an over­view of the 2010 bud­get last week.

Lit­tle­john made the bud­get pre­sen­ta­tion dur­ing a Dec. 8 reg­u­lar coun­cil meet­ing.

High­lights of the bud­get, which ex­ceeds, $6,000,000, in­cludes no in­crease in res­i­den­tial and com­mer­cial mil rates, and no tax in­crease of any kind for 2010.

“Our rate will re­main at 8.75 per cent the low­est in com­par­i­son to com­mu­ni­ties of our size in the prov­ince,” said Lit­tle­john.

Mem­bers of Bay Roberts Fi­nance Com­mit­tee punched in many hours of be­hind-the-scenes meet­ings to ham­mer out the town’s fi­nan­cial plan that will guide it through its new fis­cal year, but it took mayor Lit­tle­john only about 15 min­utes to list out the high­lights and ac­com­plish­ments.

“Over the past 13 years, mem­bers of the fi­nance com­mit­tee have pre­sented a bal­anced bud­get to coun­cil and 2010 is no ex­cep­tion,” said Lit­tle­john. “Our cap­i­tal debt of $4.25 mil­lion is down from $7.5 mil­lion where it was just six years ago. This debt in­cludes all out­stand­ing loans such as our build­ings, equip­ment, fire ser­vices and pub­lic works. There will not be any op­er­a­tional debt in­curred again in 2010.”

Point­ing out de­liv­er­ing a bal­anced bud­get al­ways presents chal­lenges, mayor Lit­tle­john said “growth con­tin­ues to be a two edged sword bring­ing both rev­enues and ex­pen­di­tures for new in­fra­struc­ture, hu­man re­sources, equip­ment and the con­tin­ued mod­ern­iza­tion of the town with side­walks, curb and gut­ter. Our ex­pen­di­tures are ac­cel­er­at­ing each year by ap­prox­i­mately half a mil­lion dol­lars, while rev­enue without sub­stan­tial mil rate in­creases is only $100,000. How­ever, our mil rate of 8.75 per cent is the low­est for a mu­nic­i­pal­ity of our size. We have been able to do this be­cause some of our costs have been off­set by in­creas­ing mu­nic­i­pal as­sess­ments.”

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.