Council has endorsed the City of Kelowna91裸聊视频檚 2022 carryover budget requests.

The carryover includes $177.2-million in operating and capital expenditures for projects that were unable to be completed in 2021, or that are multi-year projects set for completion within the next few years. Examples of projects are the development of Pandosy Waterfront Park, continued expansion and enhancement of the Kelowna International Airport91裸聊视频檚 capital development program, Journey Home Strategy initiatives to address homelessness, and the Mill Creek flood protection project.

91裸聊视频淏udget carryover projects do not add to the current year91裸聊视频檚 taxation demand, as they are funded through the previous year91裸聊视频檚 council-approved budget,91裸聊视频� said Kevin Hughes, financial planning manager. 91裸聊视频淎pproximately half of the projects (49 per cent) will be funded through the city91裸聊视频檚 general fund sources and the remaining will come from self-funding sources such as the water utility, wastewater utility and the Airport reserve funds.91裸聊视频�

Following budget deliberations in December, council approved a preliminary overall tax increase of 3.64 per cent. On average, this means an $80 increase on a City of Kelowna residential property tax bill.

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gary.barnes@kelownacapnews.com
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