Thursday, December 2, 2010

Municpal Spending Out of Control....?

In the Vancouver Sun, Civic Affairs Columnist Jeff Lee reviews a recently released report by the Canadian Federation of Independent Business which states that many muncipalities have out of control spending which outstrips inflationary pressures many times over - see his article here

See the CFIB Report here.  Note, the CFIB notes that we in Williams Lake have the 4th highest per capita spending in 2008 with a population of 10,000 - 25,000.  Meanwhile, Quesnel ranked 3rd in the same category with 5,000 - 10,000 population

Note - the CFIB states the following with regard to Williams Lake:

Operation Expense Growth from 2000-2008 - 43%
Population & Inflation Growth from 2000-2008 - 11%
Fiscal Sustainabilty Gap from 2000-2008 - 3.94 (394% faster than population and inflation growth)
Excess Spending in 2008 - $4,144,626
If above excess spending had been eliminated, a family of 4 would have saved - $1,489

Note - the CFIB states the following with regard to Quesnel:

Operation Expense Growth from 2000-2008 - 53.5%
Population & Inflation Growth from 2000-2008 - 7.8%
Fiscal Sustainabilty Gap from 2000-2008 - 6.83 (683% faster than population and inflation growth)
Excess Spending in 2008 - $5,460,540
If above excess spending had been eliminated, a family of 4 would have saved - $2,283

Note - the CFIB states the following with regard to 100 Mile House:

Operation Expense Growth from 2000-2008 - 31.83%
Population & Inflation Growth from 2000-2008 - 19.45%
Fiscal Sustainabilty Gap from 2000-2008 - 1.64 (164% faster than population and inflation growth)
Excess Spending in 2008 - $358,351
If above excess spending had been eliminated, a family of 4 would have saved - $742








 

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