The David E. Kampe Tower at the Penticton Regional Hospital is set to open to the public in 100 days. Brennan Phillips/Penticton Western

Okanagan Similkameen Regional Hospital District tax burden unchanged this year

Draft budget presented at board meeting on Feb. 20

The tax burden for the Okanagan Similkameen Regional Hospital District will remain the same as last year, according to figures presented in the hospital district’s draft budget.

The draft budget was presented on Feb. 20 and calls for total revenue of $12,035,140. While this amount is considerably lower than last year’s revenue of $20,164,000, the tax request amount remains unchanged.

The total tax amount this year is $6,447,140, as it was in 2019.

READ ALSO: Regional District of Okanagan Similkameen budget nearly $58 million

The average cost per household is estimated at $111.69.

Penticton’s share of the tax requisition is just over 40 per cent, or $2,613,694.

Summerland will contribute slightly more than 13 per cent, with a total of $866,261. For Osoyoos, the amount is $526,674, or just over eight per cent, while Oliver’s share is $311,876, or slightly less than five per cent. Princeton will contribute $171,760, ore around 2.7 per cent and Keremeos will contribute $69,582, or a little more than one per cent.

The remainder of the taxation amount will come from the Penticton Indian Band and the nine electoral areas.

In addition to the money collected by taxation, the regional district budget includes $180,000 from other income, $3,935,000 transferred from reserves and $1,473,000 from debenture proceeds.

The amount from debenture proceeds has varied in recent years. In 2018, it was close to $26 million and last year it was $8.1 million.

The expenditures this year include $67,515 for salaries and honorariums, $7,864,700 for capital grants, $1,473,000 for the patient care tower, $11,200 in miscellaneous expenses, $1,635,040 for MFA debt repayment and $983,685 to be transferred to reserves.

To report a typo, email:
news@summerlandreview.com
.



news@summerlandreview.com

Like us on Facebook and follow us on Twitter.

Health

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Join the Regional District on Instagram Live

The Regional District of Central Okanagan parks interpretive programs are going online

COVID-19: Diabetes Canada donation bins becoming garbage dumps amid pandemic

Diabetes Canada has asked residents to stop overflowing bins with donations and garbage

Okanagan College students receive emergency funding

Funding is available to domestic and Indigenous students from the Ministry of Advanced Education, Skills and Training

Lake Country ceases tourism operations for 2020, Okanagan tourism continues to suffer

The District of Lake Country voted to suspend tourism on March 31

COVID-19: City of Kelowna defers property tax penalty, other city charges until September

The city is deferring interest and penalties to September, for those who need it

Okanagan College grading system critical despite COVID-19 pandemic

On heels of petition penned by student, VP academic says grading system necessary for accurate assessments

Here’s how to talk to people who aren’t taking physical distancing seriously

Approach the conversation with empathy says conflict expert

B.C. clears more acute hospital beds as COVID-19 case growth slows

Province holding about 40% of beds empty for peak still to come

As 500K+ apply for emergency benefit, Trudeau says aid coming for Canadians left behind

Canada Emergency Response Benefit provides $2,000 per month

Spike of visitors to Princeton-area stressing grocery supply chain and healthcare teams

‘We are really not set up to have this many people at this time of year.’ Area H Director Bob Coyne

Summerland to offer mental health webinar

Event will examine ways of coping during COVID-19 pandemic

Van crashes into Kamloops home

Police say the driver went into medical distress before the crash

Salmon Arm Silverbacks remember Humboldt Broncos on anniversary of fatal crash

Sixteen people killed, 13 injured after semi collided with team bus on April 6, 2018

Most Read