LETTERS: Council needs to focus on reducing costs

According to my research, the city’s spending is off the charts.

According to my research, the city’s spending is off the charts.

I believe we pay the highest taxes in the Valley. Our debt load (per resident) is double Kelowna’s.

A review of the 2013 statistics, available on the B.C. Government website, reveals that per capita Penticton taxes are $752 compared to Kelowna at $620, Vernon at $703 and Oliver at $300.

Per capita spending by city has Penticton at $2,614, Kelowna at $2,054, Vernon at $1,513 and Oliver at $1,462.

Our per capita debt stands at $2,030, Kelowna’s at $1,094, Vernon’s at $815 and Oliver’s at $1,187.

Penticton city council recently approved a five-year financial plan. Our city forecasts spending $90 million on capital projects, an average of $18 million per year. The plan also forecasts millions of additional dollars in operating expenses.

We need a council focused on implementing a plan to reduce operating costs and capital spending. The makeup of the new council is critical in determining whether Penticton adopts a more financially responsible position over the next four years.

Gerry Gilligan

Penticton

 

 

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