The Regional District of East Kootenay has adopted its Financial Plan for the years 2011-2015.
The 2011 budget is $31.4 million, which represents an overall increase of 3% over last year. This includes
a number of items that are specific to certain service areas. When those items are set aside, the 2011
operating budget for services shared by most municipalities and electoral areas in the region, represents
a 0.1% decrease from 2010. “The Board and staff have worked diligently to maintain service levels and
keep increases to a minimum. I am pleased with the budget we’ve adopted,” says RDEK Board Chair,
It is important to understand that there is a difference between the numbers in the budget and the effect
those numbers will have on individual tax rates. Residents of the RDEK will be affected differently,
depending on the municipality or electoral area in which they live. On average, rural residential properties
in the RDEK will see approximately a 5% overall decrease in their tax levy. Area A will see the largest
decrease of 22% while increased property assessments have resulted in an average 3.7% increase in
“Unlike a municipality that has one boundary and one set of taxpayers, different areas of the RDEK
require different services and these are paid for only by the taxpayers of each specific service area,”
explains Manjak. “In addition, even though there may be increases in the requisition amount, new
development in parts of the region will offset some of that impact on taxpayers.”
Tax calculations are expected to be complete by early-April when 2011 revised assessed values are
Highlights in the 2011 budget include the Fernie Landfill closure, a region wide wildfire protection plan for
all rural areas, the RDEK Board Room project and Community Works Fund Trails Grant.
The 5-Year Plan for 2011-2015 was formally adopted by the RDEK Board today.