TNRD sets 2019 tax rate, most areas to experience savings
KAMLOOPS — The Thompson-Nicola Regional District board approved the 2019 budget at its meeting on Thursday afternoon with most areas and municipalities looking forward to a tax decrease this year.
The drop in the tax rate depends on where residents live within the TNRD with 17 of the 21 areas enjoying a break. Residents in those areas are benefitting mostly from cost savings in solid waste management, including the regional district’s decision to join the Recycle BC program that pays civic organizations to collect recyclables. It’s all helped to save the TNRD $1 million in the budget this year.
“If someone says to me, ‘what’s the tax rates in the TNRD? I say it depends on where you live,’” said TNRD Director of Finance Doug Rae. “With some cost savings that we’ve been able to realize, we’ve just update our 10-year solid waste management plan with some new contracts in place for the work to be done.”