News Items tag as: Kelowna infrastructure deficit

Kelowna city council exploring ways to fund roads, parks and civic buildings
April 01, 2019 - 3:07 PM

KELOWNA - Developers are going to be hit first but everyone paying to use a City of Kelowna service won’t be far behind as the city tries to dig its way out of its $478 million deficit for new roads, parks and civic buildings.
Extra tax hike every year won't be enough to pay for Kelowna roads and parks
December 03, 2018 - 4:00 PM

KELOWNA - Even if Kelowna hits taxpayers with an annual infrastructure tax, it won’t be nearly enough to pay for the $1.05 billion needed to build roads, parks and other facilities by 2027.
Infrastructure tax could be first of many increases to deal with Kelowna's $477 million deficit
November 30, 2018 - 3:30 PM

KELOWNA - A proposed 1.95 per cent infrastructure tax in 2019 is just one relatively small part of the hit Kelowna residents and businesses are likely to take in the next few years to ease a projected $477 million shortfall.
Kelowna looking at ways to cut into $463 million infrastructure shortfall
November 29, 2018 - 5:00 PM

KELOWNA - Over the next 10 years, the City of Kelowna wants to build more $1.05 billion in road, parks and other improvements, but only has about half that money budgeted.
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Kelowna city council exploring ways to fund roads, parks and civic buildings