City of Powell River’s 2012 Annual Report is available for the public to review.
In his message in the report, Mayor Dave Formosa explained that 2012 was a transition year. “With the bulk of $34 million of capital projects completed in 2011, council’s focus turned to corporate and strategic planning,” he wrote.
Council expects to complete the strategic planning process in 2013, which will determine council’s work plan for the remainder of its term, Formosa added.
“We remained focused on pursuing economic opportunities and investigating new income streams to alleviate the burden on our taxpayers,” Formosa wrote. “We have approved the Mayor’s Task Force on Economic Revitalization with the mandate to create an economic revitalization plan for council’s consideration by end of August 2013.”
As well, the city continues to investigate the feasibility of a community run-of-river hydro electric generation project at Freda Creek with its partners, Tla’amin (Sliammon) First Nation.
The report includes the 2012 audited financial statements, a statement of 2012 permissive tax exemptions, a summary of objectives, measures and accomplishments and a statement of objectives and measures for 2013-2014.
The annual report was presented at the regular council meeting on Thursday, June 20. Council will consider submissions and questions from the public about it at the July 4 council meeting.
Copies of the annual report are available for public inspection at city hall, 6910 Duncan Street, during regular office hours. It is also available on the city’s website.