Title
Saanich Peninsula Water Service - 2023 Operating and Capital Budget
Recommendation
The Saanich Peninsula Water Commission recommends that the Capital Regional District Board:
1. Approve the 2023 operating and capital budget;
2. Approve the 2023 Saanich Peninsula bulk water rate of $1.1439 per cubic metre, and Agricultural Research Station water rate of $1.1791 per cubic metre, adjusted if necessary by any changes in the CRD Regional Water Supply wholesale water rate;
3. Direct staff to balance the 2022 actual revenue and expense on the transfer to capital reserve fund;
4. Direct staff to update carry forward balances in the 2023 Capital Budget for changes after year end; and,
5. Direct staff to amend the Bulk Water Rates Bylaw accordingly.
(WP - Central Saanich, North Saanich, Sidney)