If and when Oliver’s population hits 5000+ ……..major policing costs incur.
70 percent of those costs will be bourne by local tax-payers – something Osoyoos is about to do.
Decisions:
Town of Oliver council adopted a plan on major police incident cost (a murder investigation is an example) – Councillors have adopted a policy that a limit of $1 million will be set for this reserve (funding by non-market increases in taxation)
Town of Oliver council adopted a policy of charging taxpayers an extra 9 percent a year on the tax roll for at least five years to fund that 70 percent of police costs. BUT – this is the good part – all that money will be not be kept in a reserve but spent on sidewalks and roads ( capital projects ) until the tax capacity is needed for policing in 2023-24. 