We are back to Cable Bay again trying to grow their project without having to face the rigours of a referendum where all might have to be revealed.  Back to a Council process which doesn't demand much disclosure and even before all the disclosure statements from the last election have been filed.

Citizens and taxpayers need to demand that the costs to the public of servicing a project like this on Nanaimo's periphery for water, sewer, police, fire garbage, snow removal, etc. will cost.  While it may be true that such a project would bring increased property taxes, unless the pattern set for past years is somehow broken, those increased taxes are more than offset by increased servicing costs.  Who among us have seen their property taxes decrease during the strong growth of the past few years.  It is simple business. No matter how large the increase in income,  If the increase in costs exceed that income, the business is not long for this world (or wouldn't be if governments did not have the power to pick pockets).  We have watched it happen here.  Are we to continue to stand idly by?

 


Comments

shanker

03/10/2009 18:32:36

Another reason property taxes never go down is the ongoing,never ending,continuous salary increases given to Nanaimo staff,even during times of economic turmoil and job losses that we see today.

 

Ron Bolin

03/11/2009 14:59:53

I await with great interest the 2008 Statment of Financial Information (SOFI)which will report on 2008 salaries so that increases, at least for those making over $75,000 per year, will be known. It should be an interesting document. It usually comes out, I believe, in May.

 



Leave a Reply