City of Richmond : Surplus spending gets final approval
Richmond city council gave final approval to a surplus spending scheme Monday night.
Last year’s municipal government surplus, which totalled $4,556,000 of taxpayers’ money, will now be divided among 17 projects or reserve accounts. The largest amount, $1.3 million, is being set aside for RCMP officers in line for retroactive pay once a wage dispute concludes.
Among the spending is $100,000 to hire a consultant to update accounting procedures of community associations, which run the city’s community centres, to ensure proper financial checks and balances are in place.
Another $100,000 is earmarked for Salmon Row, a play the city hopes to bring back to Britannia Heritage Shipyard this summer. It has an expected run of 10 days.
Higher building permit revenues, vacancies in emergency services and a city hall directive last September to freeze discretionary spending contributed to the surplus, according to staff.
Breakdown of surplus spending
•$1,289,053: RCMP retroactive pay
•$975,188: Additional capital projects for 2013
•$500,000: Capital building and infrastructure reserve
•$400,000: Richmond Fire-Rescue equipment/vehicle reserve
•$275,000: Public works infrastructure replacement
•$250,000: Consultant to assess contaminated sites, as per new Public Sector Accounting Board requirement
•$150,000: Design for Lansdowne Road greenway project
•$125,000: Major events fund
•$100,000: Salmon Row 2013 play at Britannia Heritage Shipyard (half the cost of a 10-day run)
•$100,000: Integrating donation of 46,000 Chinese language books into library system
•$100,000: Consultant to update accounting procedures at community associations
•$89,259: 9-month extension of lease for city offices on Hollybridge Way
•$85,000: Consultant to complete 5 to 8 “pre-design assessments” for energy management projects
•$67,500: Replacement of Richmond Fire-Rescue’s Mobile Community Safety Education Unit
•$50,000: Part-time temporary child care co-ordinator (one year)
•$30,000: Consultant to review and update 2008-2012 youth strategy
•$20,000: Child care grants
“Doing the Math”…..the alleged surplus works out to approx $23 per Richmond Citizen ( assuming 200,000 citizens)
So……WTF is going on ?
IMHO……some sort of “shell game” / ” ponzi scheme”.
Anyone, especially in Gov’t can create and manipulate a “surplus”. Oldest trick in the book .
Then they can BullSh*t their BOSSES, ie the citizens…that they have done such a great job.
No, it is self – incriminating.
What they are actually saying is they extorted a pro-rata amount of $23 /per Richmond Citizen more than they should have.
Rather than refunding the extortion..err ” taxation “…OR simply applying the “surplus ” to a fund that would be used to buffer tax increases…. the City of Richmond takes the creative accounting approach to piss more of OUR Tax $$$ down the rathole.
What makes me P-U-K-E is the RCMP retroactive pay.
Why do we still have the RCMP….the record shows they are an Old Boys Club more corrupt than the criminals they “allegedly” chase.
Conclusion: Nothing but a featherbedding fiscal rip-off ORGY !!!!