Monday, November 14, 2011

Tofino Spending Gone Rampant !!

This just in :
The Canadian Federation of Independent Business' fourth annual BC Municipal Spending Watch reveals a new ranking system and a worsening picture of local government spending.

The latest report shows municipal operating spending, adjusted for inflation, has ballooned to nearly four times the rate of population growth in BC.
Tofino saw its population grow 24 per cent from 2000 to 2009, while operating spending rose 100 per cent. Per capita spending growth was 61 per cent.
Tofino ranked 24th in the list of worst spenders out of over one hundred and fifty BC municipalities !!
In the same time period Ucluelet operating spending rose 50% or half that of Tofino.
It's important to note that this is operational spending...not increased spending on infrastructure and capital projects....just the day to day running of the District of Tofino.

http://www.cfib-fcei.ca/english/research/canada/111-budgets_public_finance/3424-bc_municipal_spending_watch_2011

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