City Mgr. Predicts 11% Tax Increase

Photos

Penny Ballem, Vancouver City Manager

see larger image

uploaded by jr

Penny Ballem, Vancouver City manager, sent an email to all staff late Friday afternoon announcing that there was now a freeze on hiring for all staff positions.

Ballem explained that City revenues over the past several months have been far lower than predicted due to a decline in development.  If this situation continues, according to Ballem, taxpayers will be hit with at least an 11% property tax increase.  

From story, "Is Penny Wise or Pound Foolish", at the Downtown Eastside Enquirer