Delta Mayor Lois Jackson

Delta lauded for fiscal responsibility

Corporation named 'Most Fiscally Responsible' municipality in Metro Vancouver.

On Thursday morning (Nov. 26), Delta Mayor Lois Jackson, on behalf of the Corporation of Delta, received an award for municipal excellence from the National Association of Industrial and Office Properties Vancouver (NAIOP) for the “Most Fiscally Responsible” municipality.

NAIOP’s 16th-annual “municipal report card” compares the performance of 21 municipalities in the Metro Vancouver area on a number of criteria.

The most fiscally responsible award was given to Delta for maintaining an equivalent annual inflation rate of 1.8 per cent for the 2001-2015 term, while consistently achieving a similar level of equivalent average annual inflation for previous terms.

This is the third time that Delta has received this recognition. In the past, Delta has also received NAIOP’s “Most Improved Municipality” award.

“Delta council’s prudent financial planning and continued fiscal strength is the cornerstone of everything we do,” said Jackson. “Our strong financial position gives us the ability and flexibility of continually putting those funds back into the community by investing in key services for our residents and businesses.”

By the end of 2015, Delta’s general municipal debt will be down to $0.9 million – a drop from the high of $44.7 million in 1999. Jackson noted that with Delta’s continued commitment to “pay as you go” project funding, Delta’s general debt will be eliminated by 2018.

For more information on this news release, contact the mayor’s office at 604-946-3210 or email mayor@delta.ca.

 

Surrey North Delta Leader

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

South Surrey boy, 11, hopes to raise $3,000 for Sources – and be Prime Minister

White Rock Coldest Night of the Year event to take place Feb. 22

Recharged Sharks aim for playoffs after ‘well-earned’ break

Bayside rugby club mixes youth with returning veterans in quest for men’s Div. 1 title

Pedestrian fatality in Surrey

Police are investigating at 183 Street and Highway 10

Spring is looming – what are you most looking forward to?

Spring is looming – what are you most looking forward to?… Continue reading

VIDEO: Minister reports ‘modest progress’ after blockade talks with First Nation

Wet’suwet’en hereditary chiefs say Coastal GasLink does not have authority to go through their lands

B.C. man released from quarantined cruise ship in Japan

Because Spencer Fehrenbacher has American citzensip, he was evacuated by the U.S.

Henrique scores 2 as Ducks soar past Canucks 5-1

Vancouver tumbles out of top spot in Pacific Division

Trudeau cancels Caribbean trip amid pipeline protests across Canada

Protests against Coastal GasLink have disrupted rail service

B.C. VIEWS: Inaction on pipeline protests not a viable response

Columnist Frank Bucholtz on how the Coastal GasLink pipeline dispute got so bad

PHOTOS: Top 10 memories of the 2010 Olympics

Black Press Media’s Jenna Hauck, shares some of her most memorable images of 2010 Winter Games

#FoxForFiver: Support grows in B.C. to put Terry Fox on new $5 bill

Terry Fox’ Marathon of Hope raised money for cancer research

Registration opens soon for BC 55+ Games in Richmond

2020 55+ Games have been officially scheduled for Sept. 15 to 19

Trudeau confers with cabinet ministers as rail blockades continue

The Trudeau government has been criticized for not doing more to end the blockades

Most Read