No immediate expansion as NSBIA gets finances in order

The North Shore Business Improvement Association hopes to approach Batchelor Heights and Westsyde businesses in 2023

The North Shore Business Improvement Association’s executive director said Batchelor Heights and Westsyde businesses could eventually have a seat at the table.

“Our hope is in 2023, when we go back for our next levy renewal, to approach Batchelor and Westsyde,” Jeremy Heighton told Kamloops council on Tuesday.

article continues below

Every five years, the NSBIA approaches its members to contribute financially to keep the operation going. That agreement is then ratified by council.

Heighton said including the Westsyde and Batchelor neighbourhoods has been discussed, but the NSBIA’s priority continues to be change along the Tranquille Corridor. 

“We need our own house in order,” Heighton said.

Council also heard the NSBIA expects a surplus at the end of 2019, compared to deficits in the previous two years. In 2016, the BIA had a deficit of $6,700. In 2017, that number nearly tripled to $16,100. Heighton said the NSBIA was revamped internally and operationally in 2018.

“We tightened up some internal controls, financial reporting processes, expanded our financial reporting to the board, we streamlined expense categories and, all in all, Nov. 30 in a much better position,” Heighton said.

At the end of 2018, the NSBIA had a $21,100 surplus, though that number is expected to be between $6,000 and $7,000 by the end of the year.

Councillors Mike O’Reilly and Bill Sarai praised Heighton for his work since coming on board in January 2018. Since that time, significant investments in the area have been announced and plans were unveiled to transform the Tranquille Corridor into a funky, artistic area that has been likened to Commercial Drive in Vancouver. 

“I just want to issue a huge congratulations to you, Jeremy,” O’Reilly said. “You’ve done a fantastic job on The Shore. I think a big thing is messaging. You’re not just telling the story of the North Shore, you’ve helped to rewrite the story of the North Shore. It’s looked at in a completely different light than it was two, three years ago.”

© Kamloops This Week

 


KTW Daily News Alerts
KAMLOOPS WEATHER

Question of the Week POLL

What should Kamloops council do with a proposal to have buskers buy a licence and be vetted to perform on city streets?

or  view results

Popular Kamloops This Week

Events Calendar