Re. “Property tax rates in View Royal leave little room for fire hall,” Aug. 1
In all honesty I do not understand what Kim Saladana is whining about.
Assuming the numbers from View Royal town hall were correct and the actual cost of the fire hall would be an extra $100 to $150 per household per annum, than she should be happy. Sounds a lot easier on the pocket book.
However I calculated my average after reading another writer’s letter who somehow figured out that the 4.5 per cent interest will cost the rate payers $6 million on top of the $8 million principal. Therefore I stand by my $200 figure considering the information I have from reading this newspaper.
The 10,700 projected population for View Royal is just that: a projection. And whimsical at best. Did it occur to you your town hall might have motive to low-ball the cost per household or that maybe Colwood town hall might not want to participate in the fire-rescue partnership you propose in your letter?
You think $8 million is a lot to replace a fire hall, think what it will cost 10 or 20 years from now. You can only work with the fire hall you have now for so long.