Town of Princeton Council Approves 2023 Revenue Anticipation Bylaw
Quick view
What was decided (or proposed)
- passed — 2023 Revenue Anticipation Bylaw: Council approved the 2023 Revenue Anticipation Bylaw with first, second, and third readings. [20]
- recommended — 2022 3rd Quarter Financial Update: The financial update showed a significant increase in revenue and a strong financial position, with a bank balance of almost $9 million. [4][13][14][15][16]
What comes next
- The town will now move forward with implementing the 2023 Revenue Anticipation Bylaw and continuing to manage its finances effectively.
Who spoke
- James Graham, Director of Finance — To present the town's financial update for the third quarter of 2022.
Stakes & interests
The approval of the 2023 Revenue Anticipation Bylaw will provide a financial safety net for the town, ensuring that it can cover its expenses until tax revenue is received.
Item notes
Every business item from the published agenda is listed here. Full agenda.
3rd — Town council would receive the 2022 3rd Quarter Financial Update for information only 2022 Quarter 3 Financial Update Operations Annually Operations Variance Operations Monthly Pos [4][13][14][15][16]
“THAT Council receive the 2022 3rd Quarter Financial Update for information only 2022 Quarter 3 Financial Update Operations Annually Operations Variance Operations Monthly Position Annually [4][13][14][15][16]”
82 & 88 Fenchurch Avenue Temporary Permit application — the Temporary Use Permit for 82 & 88 Fenchurch Avenue be approved. Temporary Use Permit Staff Report 82&88 Fenchurch Ave 82 & 88 Fenchurch Plan Adjacent Owner Letter [7][8]
“THAT the Temporary Use Permit for 82 & 88 Fenchurch Avenue be approved. Temporary Use Permit Staff Report 82&88 Fenchurch Ave 82 & 88 Fenchurch Plan Adjacent Owner Letter [7][8]”
Replacement of 1977 Cat Wheel Loader ($255,140.00) — Town council would approve the purchase of a 2022 Case wheel loader and attachments from Inland Equipment for the sum of not more than $255,140.00 plus tax, AND THAT the Mayor and [17]
“THAT council approve the purchase of a 2022 Case wheel loader and attachments from Inland Equipment for the sum of not more than $255,140.00 plus tax, AND THAT the Mayor and Chief Administrative Officer be authorized to execute the necessary documents. Replacement of Wheel Loader [17]”
Letter from Dawn Johnson [5]
Okanagan College [12]
FortisBC [10]
Valley First [18]
Zoning Amendment Bylaw 1032, 2022. 245 Highway 3 — Zoning Amendment Bylaw No. 1032, 2022 be adopted. 245 Hwy 3 Zoning Amendment Staff Report for Adoption MoT Approved Zoning Amendment Bylaw No. 1032 2022 [21]
“THAT Zoning Amendment Bylaw No. 1032, 2022 be adopted. 245 Hwy 3 Zoning Amendment Staff Report for Adoption MoT Approved Zoning Amendment Bylaw No. 1032 2022 [21]”
Official Community Plan and Zoning redesignation for 309 and 311Culbertson Way — Bylaw No. 1030, 2022, a bylaw to amend the Land Use Plan – Schedule A of the Official Community Plan Bylaw to redesignate Lots located at 309, 311 Culbertson Way from HC, Highway C [6][9][11][22]
“THAT Bylaw No. 1030, 2022, a bylaw to amend the Land Use Plan – Schedule A of the Official Community Plan Bylaw to redesignate Lots located at 309, 311 Culbertson Way from HC, Highway Commercial to MR, Medium Density Residential and to amend Section 5.5.2.2 to replace density pro [6][9][11][22]”
Open questions
- What are the specific financial challenges that the town is facing, and how will the 2023 Revenue Anticipation Bylaw address them?
Sources
- CivicWeb meeting
- Agenda document
- YouTube recording
- 2022 Quarter 3 Financial Update
- 20221201142746841_Redacted
- 2nd reading Official Community Plan and Zoning Amendments redesignate Culbertson Way Report
- 82 & 88 Fenchurch Plan
- Adjacent Owner Letter
- CD 2 Zone
- FortisBC_Redacted
- Infrastructure-Culbertson Apartment Complex
- Okanagan College
- Operations Annually
- Operations Monthly
- Operations Variance
- Position Annually
- Replacement of Wheel Loader Report
- Valley First_Redacted
- 2023 Revenue Anticipation Bylaw
- 2023 Revenue Anticipation Bylaw Report
- MoT Approved Zoning Amendment Bylaw No. 1032 2022
- Official Community Plan Amendment Bylaw No. 1030, 2022
Spot an error?
If something in this brief doesn’t match the agenda, minutes, a linked report, or the meeting recording, send a fact-check note. Submissions go to the editor — they are not published automatically.