Residents ask City of Nanaimo about next year's draft financial plan at E-town hall

During the presentation the audience gasped at the new projected 8 per cent property tax hike. Photo: Mick Sweetman

Listen to CHLY’s full audio report:

Over the last week, Nanaimo city council has had the chance to discuss next year’s financial plan and on Monday, Dec. 4, residents finally had their chance to speak. An E-town hall was held to present the draft financial plan and allow the city council to hear feedback from city residents.

In the beginning, the audience was given an overview of what the drafted plan currently looks like. The audience gasped at the new projected eight per cent property tax hike discussed at last Friday’s finance and audit committee meeting.

Questions were asked about the Nanaimo Prosperity Corporation, the City’s borrowing habits, what cuts the City is making, and the budget around recreational services.

Funding Note: This story was produced with funding support from the Local Journalism Initiative, administered by the Community Radio Fund of Canada.