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A look at Castlegar’s 2022 finance and salary reports

City releases audited financial and SOFI reports
Castlegar has released its 2022 audited financial reports. Photo: Kristen Lawson

The City of Castlegar has released its audited financial statements and statement of financial information (SOFI) reports for 2022.

The city ended the year with $23.6 million in financial assets and $20 million in liabilities, leaving net financial assets at about $3.7 million.

The city also has $83.4 million in non-financial assets including its capital assets, a decrease of $1.7 million over 2021.

The city’s debt reduced by about $200,000 to $12.2 million.

The city’s reserve funds total $16.5 million, up by $1.7 million over 2021. That includes money in the development reserve, equipment replacement, water, sewer, storm and airport funds.

Employee Salaries

One of the city’s largest expenses is salaries. With benefits factored in, the city spent $6.87 million on employee-related expenses.

Municipalities are required to list all employees making more than $75,000 annually as part of their SOFI report. In 2022, Castlegar had 34 employees in that category.

Upper-level management and fire chiefs account for most of the top 15 salaries.

Chris Barlow, chief administrative officer — $180,244

Ola Oladele, finance director — $158,667

Duane Monson, deputy fire chief — $142,668

Chris Hallam, director of municipal services — $142,130

Tracey Butler, director of corporate services — $140,557

Sam Lattanzio, fire chief — $137,996

David Bristow, IT manager — $125,601

Nick Ahlfeld, deputy fire chief — $120,643

Maciej Habrych, airport manager — $118,680

Meeri Durand, manager of planning — $110,788

Bree Seabrook, communications manager — $110,788

Nicole Brown, corporate services manager — $108,630

Travis Christiansen, engineering manager — $102,446

Aimee Uhlenbrauck, financial services manager — $102,066

Craig Lincoln, chief treatment plant operator — $101,945

The remaining positions earning between $75,000 to $100,000 include journeyman carpenter, working foreperson, engineering technician, building inspector, mechanic, maintenance water/sewer, planning technician, treatment plant operator, parks maintenance person, senior financial analystand heavy equipment operator.

READ MORE:Castlegar Fire Department douses tractor-trailer fire

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Betsy Kline

About the Author: Betsy Kline

After spending several years as a freelance writer for the Castlegar News, Betsy joined the editorial staff as a reporter in March of 2015. In 2020, she moved into the editor's position.
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