Coldstream’s 2015 tax hike is being kept to a minimum.
The district is looking at a 1.2 per cent increase, the majority of which is for the land sales reserve.
“We need to more actively fund that,” said Mayor Jim Garlick, as the fund hasn’t seen much action aside from some funds from the Highway 6 project.
Council meets Monday to consolidate its numbers and information before bringing it to the public at an open house March 3 from 6 to 8 p.m.
Coldstream’s sewer rates are scheduled to be maintained with a base rate of $94.10, plus a consumption rate of $2.51 per cubic metre over 15 cubic metres.
Coldstream is also anticipating a surplus for 2015 of $190,000 in the police reserve. It is looking at dividing $100,000 of it between the land sales reserve and the building reserve, with the remaining $90,000 going to the financial stabilization operating reserve.
Roads on the books for repair for 2015 are: Cunliffe Road, Cosens Bay Road, Rochdell Road, Palfrey Drive West, Wyatt Court, College Way, Tassie Drive, Cactus Drive, Venables Drive, Corona Court and Russet Drive.
Meanwhile Coun. Doug Dirk would like to see more money go into roads.
“We’ve got some significant works, especially Kidston Road, coming up in the future,” said Dirk, who opposed the allocation of police reserve funds.
