McNeill is in the money

Insurance dividend and Community Forest monies accepted by Port McNeill Council.

PORT McNEILL—The matter of municipal governance is commonly thought to be votes on how to spend money collected from local taxpayers.

During its last meeting, however, Port McNeill’s Town Council was happy to vote to accept funds.

First on the agenda was a $2,594 dividend cheque from the Municipal Insurance Association of BC, which covers the Town and other municipalities in the province against potential liability claims.

Beginning in 2002, MIABC began returning money to member communities by subsidizing reinsurance costs.

“Essentially what they’re doing is they’re making sure that we — and they — are covered,” Mayor Gerry Furney explained. “Obviously, if they’re overcharging a bit, for safety sake, at least it’s paid back when we can go through a season without any major claims.”

Town administrator Sue Harvey confirmed to council that there were no liability claims against the Town in the past year.

 

Community Forest

Council was also notified the Town had received its second $100,000 deposit in as many years from the North Island Community Forest, and voted to place the money in a reserve account that will provide matching funds for infrastructure and other potential grants.

The Community Forest is a joint venture owned in partnership by the Village of Port Alice, the District of Port Hardy and the Town of Port McNeill, and established in 2011 under the management of an independent board.

Sales of timber from the forest have provided both a working capital fund and dividends, in equal shares, to the three partner communities.

“At the AGM they said it was very favourable that we could get another (cheque) before the end of the year,” coun. Shirley Ackland said. “Part of the reason is (the board) can only keep $350,000 in their operating fund. And the last block they cut, they got it at a good price, before any of the prices had fallen.”

The 2014 funds will be added to the $100,000 Community Forest distribution from 2013 and placed into the reserve account established by council vote at that time.

“The benefit I see to it is it gives us reserves — fairly healthy reserves — without having to increase taxes to create reserves,” said Furney. “I have a bit of a problem when people start taxing for something that we have no idea what we’re doing with the money.”

 

Just Posted

Port Hardy council hesitant to formalize question period in agendas, refers it to committee

In first act as new council, representatives were uncertain about formalizing question periods.

Gas prices on Vancouver Island to drop six cents

But a ‘volatile’ market could lead to increases in the coming weeks

Mt. Waddington’s Salvation Army releases eye-opening statistics report for 2017

Shelter overnight stays saw a 431 per cent increase since 2014.

B.C. Legions in need of young members to continue aiding veterans into the future

Lest we forget what thousands of men and women did to fight for Canada’s freedoms – but without new membership, many Legion chapters face dwindling numbers

BC Ferries passengers wait to leave Vancouver Island after Remembrance Day

Traffic aboard BC Ferries slows after Remembrance Day long weekend

People flocking to Vancouver Island city to see hundreds of sea lions

Each year the combination of Steller and California sea lions take over Cowichan Bay

Vancouver Island remembers

Important stories shared as Islanders salute those who made the greatest sacrifice

Baloney Meter: Will tougher penalties for gang members make Canada safer?

Since 2013, gang-related homicides in Canada’s largest cities have almost doubled

Early data suggests no spike in pot-impaired driving after legalization: police

Some departments said it’s too early to provide data, others said initial numbers suggest stoned driving isn’t on the rise

Protesters confront Environment Minister in B.C.

Protesters wanting more for killer whales confront Catherine McKenna

Humans reshaping evolutionary history of species around the globe: paper

University of British Columbia researcher had the paper published in the Proceedings of the Royal Society

Toronto ‘carding’ activist Desmond Cole stopped by police in Vancouver

Cole says his experience reveals what daily life is like for black and Indigenous residents

Commercial trucks banned from left lane of Coquihalla

B.C.’s Ministry of Transportation has introduced a new program that hopes to prevent accidents and closures on the Coquihalla Highway.

B.C. on track to record same number of overdose deaths as last year

128 people died of overdoses in September, bringing the total to more than 1,100 so far in 2018

Most Read