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Home / 2018 / Northwest taxpayers to cover 30% of new hospital replacement
Northwest taxpayers to cover 30% of new hospital replacement

Northwest taxpayers to cover 30% of new hospital replacement

Northwest BC taxpayers will kick in just under $114 million for the replacement of Mills Memorial Hospital.

The North West Regional Hospital District says a financing agreement reached earlier this month will see it cover 30% of the projected cost of nearly $380 million to replace the aging facility, but no more than that.

The district’s contribution is capped at $113.7 million according to information released by the board Wednesday.

The hospital district says the tax increase associated with funding the new facility will work out to just over $31 per year, per $100,000 of assessed value from 2017 to 2024.

A home assessed at $250,000 will pay $165 in 2018 and $242.88 by 2024 for both the hospital replacement and the hospital district taxes combined.

Health Minister Adrian Dix announced the province was moving forward with the hospital replacement earlier this month.

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