The debt burden in Kamloops is dropping.
Mario Pirrodi of BDO Canada says the per capita debt in the River City last year was 1,200 dollars down from 1,300 the previous year.
He told council the B.C average is 1,150.
“Because Kamloops is sitting as its own hub. We don’t have shared services like Kelowna has with West Kelowna, Lake Country, Vancouver, Capital Regional District where they can pool services. You expect the debt to be a little big higher because we have to build our own water treatment facilities and sewer treatment facilities.”
Pirrodi says, the city has not assumed any more major debt.