Type(s)
Public Notice
This Bylaw was introduced and read by City Council at the Regular Meeting of Council December 9th, 2024 at 7:00pm in Council Chambers, and was given three readings pending BC Assessment Values and updated budget estimates.
The changes proposed in the 2025 FIVE YEAR FINANCIAL PLAN BYLAW NO. 3554, 2025 affect the General fund, the Sanitary/Storm/Sewer fund, and the Solid Waste fund. These changes are proposed to address changes in estimates, BC Assessment Value amounts, and grant funding received. The proposed changes will not result in any change to City servicing levels or proposed property tax increases noted in December budget process. Also unaffected are utility fees.
The public can submit comments regarding the proposed bylaw to Corinne Bomben, Chief Financial Officer in writing via email at corinne.bomben@princerupert.ca, via fax (250) 627 0999, or delivered to the Customer Service Desk at City Hall at 424 3rd Avenue West, no later than 4:30pm April 24th, 2025.
Summary of Proposed Changes - PDF linked, also in the table below.
| General Fund Summary | |||||||||||||||
| Approved/incomplete projects from 2024 rolled over to 2025 | |||||||||||||||
| Funding Source | |||||||||||||||
| Project name | Existing Approved Budget | Proposed Change | Difference | Reserves | Surplus | Grant | Dividend | Borrow | Taxation/Utility Fees | Reason | |||||
| Special Projects | |||||||||||||||
| PRIME Training | $ - | $ 5,000 | $ 5,000 | $ 5,000 | 1 of 3 staff attended in 2024. Remaining to be trained 2025 | ||||||||||
| Arena Floor Heaving Assessment | $ - | $ 50,000 | $ 50,000 | $ 50,000 | Work began in 2025 | ||||||||||
| Indigenous Engagement | $ - | $ 40,000 | $ 40,000 | $ 40,000 | Emergency & Disaster Management Act requirements | ||||||||||
| Climate Action Plan | $ - | $ 4,000 | $ 4,000 | $ 4,000 | Completion of project from 2024 | ||||||||||
| Capital Purchases | |||||||||||||||
| Watson Island dam Maintenance | $ 285,000 | $ 335,000 | $ 50,000 | $ 50,000 | Not all work was completed | ||||||||||
| Civic Centre 2nd floor washroom | $ - | $ 151,000 | $ 151,000 | $ 54,000 | $ 97,000 | Project started in 2024 - completion in 2025 | |||||||||
| Used Ambulance | $ - | $ 19,000 | $ 19,000 | $ 19,000 | Equipment and decalling to complete for intended use | ||||||||||
| Library Heating controls | $ - | $ 10,000 | $ 10,000 | $ 10,000 | Heating controls to be worked on in 2025 | ||||||||||
| RCMP Detachment build | $ - | $ 300,000 | $ 300,000 | $ 300,000 | Completion of RCMP Detachment in 2025 | ||||||||||
| Public Works Vehicle Reserve | $ 800,000 | $ 850,000 | $ 50,000 | $ 50,000 | Tractor ordered in 2024 arrived in 2025 | ||||||||||
| City Hall Boiler/HVAC | $ - | $ 53,000 | $ 53,000 | $ 53,000 | Completion of City Hall Boiler/HVAC in 2025 | ||||||||||
| Redesiging of Mariners park | $ - | $ 181,000 | $ 181,000 | $ 181,000 | Mariners Park Japanese Legacy project started 2024 | ||||||||||
| Capital Works | |||||||||||||||
| Completion of paving | $ 200,000 | $ 210,000 | $ 10,000 | $ 10,000 | rollover left over paving from 2024 to 2025 | ||||||||||
| 6th Avenue Bridge Rehabilitation | $ - | $ 300,000 | $ 300,000 | $ 300,000 | Complete paving of 6th Ave Bridge after rehab performed 2024 | ||||||||||
| Total Expenditures from rollover of projects | $ 1,223,000 | ||||||||||||||
| Summary of Proposed Changes to Five-Year Financial Plan 2025 | |||||||||||||||
| General Fund Summary | |||||||||||||||
| Additions to Budget/Changes in Estimates | |||||||||||||||
| Funding Source | |||||||||||||||
| Project name | Existing Approved Budget | Proposed Change | Difference | Reserves | Surplus | Grant | Dividend | Borrow | Taxation/Utility Fees | Reason | |||||
| Special Projects | |||||||||||||||
| Property Insurance Review | $ - | $ 35,000 | $ 35,000 | $ 35,000 | MIA has notified City properties must be reviewed to update values | ||||||||||
| Capital Purchases | |||||||||||||||
| Radio System | $ 532,000 | $ 532,000 | $ - | $ 330,000 | $ (532,000) | $ 202,000 | Changed funding to NWBCRF and non-market change - no grants | ||||||||
| Command 1 | $ 70,000 | $ 75,000 | $ 5,000 | $ 5,000 | |||||||||||
| Pool Filtration Replacement | $ 150,000 | $ 206,000 | $ 56,000 | $ 56,000 | |||||||||||
| Priority Bus Shelters | $ 45,000 | $ 51,000 | $ 6,000 | $ 26,000 | $ 20,000 | $ (20,000) | Changed funding from grant and difference both to NWBCRF | ||||||||
| 3rd/4th Ave West stairway | $ 350,000 | $ 350,000 | $ - | $ (350,000) | $ 350,000 | Changed funding from NWBCRF to LGCAP grant | |||||||||
| Charging Station/Sweeper | $ - | $ 500,000 | $ 500,000 | $ 500,000 | Innovate BC Grant - Electric Vehicle purchase & Charging infra | ||||||||||
| Mariners Park Bandshell design | $ - | $ 21,000 | $ 21,000 | $ 21,000 | Rotary contibuting to design of permanent bandshell at Mariners | ||||||||||
| NG911 Design | $ - | $ 30,000 | $ 30,000 | $ 30,000 | Roadmap being developed for implementation of NG911 | ||||||||||
| Capital Works | |||||||||||||||
| Addition to Capital Paving | $ - | $ 400,000 | $ 400,000 | $ 400,000 | Non-market change and savings from re-estimates | ||||||||||
| Addition to Capital Sidewalks | $100,000 | $100,000 | $100,000 | Accessibility Improvements at 3rd St and Stiles Place | |||||||||||
| Operations | |||||||||||||||
| Emergency Social Service hours | $ - | $ 14,000 | $ 14,000 | $ 14,000 | Hours for staff member to perform ESS duties | ||||||||||
| Indigenous Relations Committee | $ 15,000 | $ 15,000 | $ - | $ 15,000 | $ (15,000) | Service funded by NWBCRF rather than taxes | |||||||||
| Museum of Northern BC | $ 161,000 | $ 176,000 | $ 15,000 | $ 15,000 | Funding Kwinitsa now that Waterfront open in summer | ||||||||||
| Fiscal Revenues | $ 15,479,000 | $ 29,200,000 | $ 13,721,000 | $ 13,721,000 | $ - | Received 2 extra years of NWBCRF - must be transferred to reserve | |||||||||
| Fiscal Revenues | $ - | $ 1,328,000 | $ 1,328,000 | $ 1,328,000 | Funds for RCMP payment expected earlier will now be used as downpayment reducing debenture. | ||||||||||
| Savings in Fiscal Expenses | $ - | $ (273,000) | $ (273,000) | $(273,000) | Balance is changes in estimates allocated to provision for BC Assessment re-assessment outcomes and Capital paving | ||||||||||
| New Additions to Budget/Changes in Estimates | $ 15,858,000 | ||||||||||||||
| Total Proposed Changes to Funding | $ 17,081,000 | ||||||||||||||
| Transfer to NW BC Regional Funding Agreement Reserve | $ 13,721,000 | ||||||||||||||
| Net Changes to General Operating Fund Expenses | $ 1,084,000 | ||||||||||||||
| Changes in Special Projects | $ 134,000 | ||||||||||||||
| Changes in Capital Purchases | $ 1,432,000 | ||||||||||||||
| Changes in Capital Works | $ 710,000 | ||||||||||||||
| Total Proposed Changes to Expenditure | $ 17,081,000 | ||||||||||||||
| General Fund Surplus/(Deficit) | $ - | ||||||||||||||
| Summary of Proposed Changes to Five-Year Financial Plan 2025 | |||||||||||||||
| Sanitary and Storm Sewer Fund Summary | |||||||||||||||
| Funding Source | |||||||||||||||
| Project name | Existing Approved Budget | Proposed Change | Difference | Reserves | Surplus | Grant | Dividend | Borrow | Taxation/Utility Fees | Reason | |||||
| Capital Works | |||||||||||||||
| Liquid Waste Mngt Pilot Project | $ 6,000,000 | $ 5,470,000 | $ (530,000) | $ 1,440,000 | $ (1,440,000) | Changing funding from Surplus to NWBCRF net of spend in 2024 | |||||||||
| Liquid Waste Mngt Pilot Design | $ - | $ 200,000 | $ 200,000 | $ 200,000 | Funding Design from FCMP Grant | ||||||||||
| Lisa Walters Drive project | $ - | $ 900,000 | $ 900,000 | $ 300,000 | $ 600,000 | Lisa Walters line move/replacement to support development | |||||||||
| BIG Project | $ 25,000,000 | $ 26,000,000 | $ 1,000,000 | $ 1,000,000 | Increase for design not expended in 2024 | ||||||||||
| Outfall Repairs - Outfall L | $ - | $ 34,000 | $ 34,000 | $ 34,000 | Carry forward from 2024 | ||||||||||
| Lift Station Replacement | $ 250,000 | $ 500,000 | $ 250,000 | $ 250,000 | Increased cost for Omineca Lift station | ||||||||||
| Comox Lift Station | $ - | $ 298,000 | $ 298,000 | $ 298,000 | Temporary Emergency repairs | ||||||||||
| Outfall Repairs - Outfall K | $ 1,000,000 | $ 1,000,000 | $ - | $ 1,000,000 | $(1,000,000) | Changed funding from debt to NWBCRF | |||||||||
| Outfall Repairs - Outfall J to I | $ 3,000,000 | $ 3,172,000 | $ 172,000 | $ 172,000 | Increase in cost | ||||||||||
| Outfall Repairs - Outfall C to B | $ 5,000,000 | $ 5,000,000 | $ - | $ 4,750,000 | $(4,750,000) | $ 250,000 | Changed funding from debt to NWBCRF | ||||||||
| Industrial Park Treatment Plant | $ 275,000 | $ 405,000 | $ 130,000 | $ 130,000 | Design of Treatment plant increased | ||||||||||
| Total Proposed Changes to Funding | $ 2,454,000 | ||||||||||||||
| Changes in Capital Works | $ 2,454,000 | ||||||||||||||
| Total Proposed changes to Expenditure | $ 2,454,000 | ||||||||||||||
| Sanitary and Storm Sewer Utility Surplus/(Deficit) | $ - | ||||||||||||||
| Summary of Proposed Changes to Five-Year Financial Plan 2025 | |||||||||||||||
| Water Fund Summary | |||||||||||||||
| Funding Source | |||||||||||||||
| Project name | Existing Approved Budget | Proposed Change | Difference | Reserves | Surplus | Grant | Dividend | Borrow | Taxation/Utility Fees | Reason | |||||
| Capital Purchases | |||||||||||||||
| Public Works Tow Vehicle | $ - | $ 190,000 | $ 190,000 | $ 190,000 | Carry forward of vehicle purchase in 2024 - delivery 2025 | ||||||||||
| Capital Works | |||||||||||||||
| Woodworth Dam Road upgrades | $ 350,000 | $ 469,000 | $ 119,000 | $ 469,000 | Carry forward of woodworth dam road upgrades | ||||||||||
| SCADA upgrade - Water | $ 150,000 | $ 996,000 | $ 846,000 | $ 90,000 | $ 846,000 | $ 60,000 | Carry forward of SCADA upgrades | ||||||||
| Lisa Walters Drive project | $ - | $ 1,000,000 | $ 1,000,000 | $ 1,000,000 | Lisa Walters line move/replacement to support development | ||||||||||
| BIG Project | $ 65,000,000 | $ 65,000,000 | $ - | $65,000,000 | Changed funding to all grants. Previously was $3M borrowing | ||||||||||
| Water System Master Plan | $ - | $ 182,000 | $ 182,000 | $ 182,000 | Roll over unspent from 2024. To complete 2025 | ||||||||||
| Overland Line Phase 1 & 2 | $ 250,000 | $ 7,250,000 | $ 7,000,000 | $ 2,513,000 | $ 83,000 | $ 4,404,000 | Overland to be started in conjuction with Submarine line to gain efficiencies on commissioning | ||||||||
| Submarine Line construction | $ 7,250,000 | $ 7,250,000 | $ - | $ 3,429,000 | $ 3,821,000 | Changed funding mix now that have advance NWBCR Funding | |||||||||
| Total Proposed Changes to Funding | $ 9,337,000 | ||||||||||||||
| Changes in Capital Purchases | $ 190,000 | ||||||||||||||
| Changes in Capital Works | $ 9,147,000 | ||||||||||||||
| Total Proposed Changes to Expenditure | $ 9,337,000 | ||||||||||||||
| Water Utility Surplus/(Deficit) | $ - | ||||||||||||||
| Summary of Proposed Changes to Five-Year Financial Plan 2025 | |||||||||||||||
| Solid Waste Utility Fund Summary | |||||||||||||||
| Funding Source | |||||||||||||||
| Project name | Existing Approved Budget | Proposed Change | Difference | Reserves | Surplus | Grant | Accruals | Borrow | Taxation/Utility Fees | Reason | |||||
| Capital Works | |||||||||||||||
| Landfill Closure | $ - | $ 600,000 | $ 600,000 | $ 600,000 | Carry forward remaining landfill cell closure to complete 2025 | ||||||||||
| Lagoon and Priority Upgrades | $ 1,500,000 | $ 1,700,000 | $ 200,000 | $ (1,500,000) | $ 1,700,000 | Insufficient Surplus to fund this project (which has increased). Funding through CCBF (formerly known as Gas Tax) | |||||||||
| Operations | |||||||||||||||
| Rate Stabilization | $ 305,000 | $ 305,000 | $ - | $ (305,000) | $ 305,000 | Recycle BC contract value higher as is tipping volume - budget to reduce use of surplus preserving for capital needs at Landfill | |||||||||
| Total Proposed Changes to Funding | $ 800,000 | ||||||||||||||
| Changes in Capital Works | $ 800,000 | ||||||||||||||
| Changes in Operations | $ - | ||||||||||||||
| Total Proposed Changes to Expenditure | $ 800,000 | ||||||||||||||
| Solid Waste Utility Surplus/(Deficit) | $ - | ||||||||||||||