Auditor gives Castlegar a thumbs up.

Castlegar has released its annual report

The City of Castlegar has released its annual report for 2015.

The City of Castlegar has released its annual report for 2015. The report contains introductions to the mayor, councillors and management team along with the community charter, official community plan and the guiding principles of the city.

Also included are reports from each department (corporate services, development services, transportation and civic works, fire, finance and information technology) featuring their objectives and accomplishments for the year. The final section of the report contains the city’s audited financial statements for the year ending Dec. 31, 2016.

If you are interested in facts, figures and statistics, the report contains lots of interesting information. Here is a look at some of those statistics.

Households

In 2015 Castlegar had 3200 households with an average household size of 2.3. Of those households, 2405 were homes owned and 660 were rentals. Approximately 75% of homes were single family residences, with the rest a mix of multiple family houses, small apartments and other types of homes.

Permits

In 2015 the City of Castlegar issued 242 building permits valued at $12,173,953, up from 136 building permits valued at $6,074,819 in 2014. Business license applications numbered 674. Also issued were 4 board of variance, 2 development, 2 development variance, 3 rezoning, 1 soil and 2 subdivision permits.

Taxes

When compared to other municipalities, Castlegar taxes look pretty good. Taxes on a representative house in Castlegar were $2019. Trail and Nakusp come in slightly higher at $2116 and $2082 respectively. The other remaining area municipalities all come in substantially higher with Rossland at $3339, Nelson at $3028, Fruitvale at $2675 and Creston at $2711.

Finances

The City of Castlegar ended the year with $6,682,235 in net financial assets. Actual revenue was less than budgeted, but so was spending, leaving a $489,490 annual surplus.

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