Aldergrove Star
data provider: CONTENTdm
is part of: BC Historical Newspapers
contributor: Langmann, Rudy
issued: 2022-09-22
issued: 1982-08-18
aggregated CHO: https://open.library.ubc.ca/collections/alderstar/items/1.0420981/source.json
format: application/pdf
note: '■»■*■"■ maammammmmmmmmmmmammmmmmmm mmmmmammmmmm mmmmmm mmmmmmmmm :'-r/'*S'i Property owners can expect big tax Increase in 1983 By IAN CAMERON : MURRAWME -If it were. §rivate enterprise, it would be in eep, deep trouble. But it is hot.. It is a government department, and governments seldom, if ever, go bankrupt. Revenue: is down catastrophe ically, so what do you do? You raise'taxes, of course. With the 1982 slump in the construction industry, builders are without contracts, and there are no 'spec* homes being built. Entire framing crews and other building tradesmen are collecting unemployment insurance. Only major, government-related const- niction projects were still going in British Columbia, at least up until the industrial lockout. Recession has hit governments in the process unexpectedly. Uingley township's building department last fall projected revenue of $300,000.00 for 1982. Now it looks like this budgeted income could be cut in half, or if the economic situation gets even worse, it could be cut to' one-- third when the financial statements are prepared at the end of the year. Facing this bleak picture, municipal council has moved to increase building permit fees. This hidden tax will be increased by about 66 percent on the cons truction of an average size home. But: even this move is not expected to bring anything dose to the budgeted revenue into municipal coffers. And that is if everything goes well for the remaining i% months of the year. Chief building inspector Dave Chesney is an optimist, however. He sees, as his "preferred figure" an upswing of 20 percent in the volume of building activity, for the balance of the year, and that; coupled with the fee hike, could net the department $225,000.00 in 1982. But if there is a 20 percent downturn, even the new rates would only bring in $150,000.00. Department had budgeted expenditures of $233,460.00 for the 1982 calendar year, including a mapping project costing the municipality just under $14,000.00. Fina…
note: Title changes in chronological order: Aldergrove Herald (1957-10-16 to 1958-02-20), Aldergrove News (1958-02-27 to 1964-04-30), Central Fraser Valley Echo (1964-05-06 to 1964-12-23), Central Fraser Valley Star (1967-01-17 to 1969-02-05), and Aldergrove Star (1969-02-12 to 1991-12-31). Presented to the Alder Grove Heritage Society by Kurt Langmann and Family, July 1, 2021.
has type: Newspapers
spatial: Aldergrove (B.C.)
is shown at: 10.14288/1.0420981
language: English
lat: 49.0851
long: -122.4707
provider: Vancouver : University of British Columbia Library
publisher: Aldergrove : Central Fraser Valley Star Publishing Ltd.
rights: Images provided for research and reference use only. Permission to publish, copy, or otherwise use these images must be obtained from the Digitization Centre: http://digitize.library.ubc.ca/
source: Original Format: Alder Grove Heritage Society
type: Text