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FortisBC agreement brings $570K annually to West Kelowna

'The operating fee revenue certainly helps, but council and staff will also continue to seek other revenue sources'
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The City of West Kelowna was the only municipality in the Okanagan Valley that did not have a FortisBC operating agreement, according to Mayor Gord Milsom

West Kelowna has signed an agreement with FortisBC that will secure a long-term revenue stream for the community, and add a 3.09 per cent charge on natural gas bills for customers.

香蕉视频直播淭he City of West Kelowna was the only municipality in the Okanagan Valley that did not have a FortisBC operating agreement,香蕉视频直播 said Mayor Gord Milsom in a media release. 香蕉视频直播淯ntil now, this had put our municipality on an uneven playing field, since other local governments could use the revenue generated from the operating agreement to meet a variety of community needs, where we could not.香蕉视频直播

The 3.09 charge is the same rate as in other Okanagan Valley communities that have had similar agreements in place for decades, according to the release.

The city will receive fees from FortisBC for its operations in West Kelowna, estimated at $570,000 per year. The funds will help offset future tax increases by allocating them to park land acquisition, recreation amenities, active transportation infrastructure, seniors香蕉视频直播 housing, wildfire mitigation, and accessibility improvements.

香蕉视频直播淭he operating fee revenue certainly helps, but council and staff will also continue to seek other revenue sources, including our continued lobbying efforts with the provincial and federal governments,香蕉视频直播 Milsom added.

Those efforts include support to address housing affordability, policing costs, homelessness, and other significant issues that stretch beyond our city香蕉视频直播檚 control and impact other services, Milsom noted.

The agreement also benefits FortisBC, streamlining its operations in West Kelowna. The company expects to reduce customer wait times, improve construction scheduling, and create a more consistent process for installing, maintaining, and operating gas lines and related infrastructure within public roads, properties, and rights-of-way.



About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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