March 11, 2022 - Islands Trust Council Approves 2022/23 Budget
· Islands Trust Area · News & Advocacy · 2022
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Topics: Fresh water & aquifers · Housing & affordability · First Nations & reconciliation · Governance & budget · Climate & environment — our classification, not the Trust's.
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Bowen, Denman, Gabriola, Galiano, Gambier, Hornby, Lasqueti, Mayne, N. Pender, Salt Spring, Saturna, S. Pender, Thetis March 11, 2022 – for immediate release 2022-09-IT Islands Trust Council Approves 2022/23 Budget Lək ̓ ʷəŋən, METULIYE/Victoria, B.C. – Islands Trust Council approved a budget of $9.1 million for 2022/23. "This budget responds to concerns and priorities expressed from across the entire Trust Area," said Islands Trust Council Chair Peter Luckham. "Trust Council made some tough choices in response to public feedback. Thank you to everyone who participated in the consultation. Your input was heard and carefully considered when we made final decisions on the budget that will guide the coming year’s work.” The approved budget for 2022/23 ($9.1 million) assumes that Islands Trust will maintain existing land use planning service levels, add a part-time Conservancy fund development specialist, and will implement the following initiatives from Trust Council’s 2018-2022 Strategic Plan: Official Community Plan update for the Hornby Island Local Trust Area Official Community Plan update for the Gambier Island Local Trust Area Housing project for the Denman Island Local Trust Area Ganges Village planning project, Coastal Douglas-fir zone and associated ecosystems protection project for the Salt Spring Island Local Trust Area and a housing action program for the Salt Spring Island Local Trust Area Improvements to development application processing services Affordable housing model bylaws project for use by local trust committees and Bowen Island Municipality Groundwater Sustainability science program in 2022/23 is focused on mapping recharge potential on Bowen Island, and Gambier, Lasqueti, Thetis and Salt Spring Local Trust Areas as well as select associated islands in the Islands Trust Area. Heritage preservation overlay mapping and model bylaws project for use by local trust committees, Bowen Island Municipality and Islands Trust Conservancy Stewardship education program Administrative support to regional coordination groups (e.g. Southern Gulf Islands Forum, Rural Islands Economic Partnership) Species at risk protection program through Islands Trust Conservancy Administration of trustee elections In addition, Trust Council will continue to implement its Reconciliation Action Plan. News Release 200 - 1627 Fort Street Victoria B.C. | V8R 1H8 Telephone 250.405.5151 | FAX: 250.405.5155 Toll Free via Service BC in Vancouver 604.660.2421 | in B.C. 1.800.663.7867 information@islandstrust.bc.ca | www.islandstrust.bc.ca Highlights of the approved 2022/23 budget: 2.0% increase to the existing local trust area tax base plus an additional 1.25% tax revenue expected from new construction and development in local trust areas $323,769 Bowen Island Municipal tax levy. This is a 4.0% ($12,581) increase comprised of 3.09% increase to be levied against the e
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