Princeton’s town payroll topped $2.6 million in 2021

The Financial Information Act requires that all municipalities publish the names and salaries of anyone earning more than $75K

(Spotlight file photo)

(Spotlight file photo)

Democracy cost Princeton taxpayers $74,199 in 2021, according to the Statement of Financial Information (SOFI) released at the June 20 council meeting.

That’s the total of remuneration for mayor and council, $72,252, and expenses totalling 1,947.

Mayor Spencer Coyne received $24,083 and claimed expenses of $1,310, while each councillor received $12,042.

Couns. Tyler Wills and Barb Gould had no expenses, while Randy McClean and Tyler Willis claimed $570 and $166 respectively.

The municipal payroll last year totalled $2,681,582, and there were $64,112 in employee expenses.

The top paid manager was CAO Lyle Thomas, who earned $158,802, while economic development director Gary Schatz ranked second at $109,802. Schatz and Thomas also claimed the highest expenses, $11,173 and $8,762 respectively.

According to town director of finance James Graham, those amounts reflect the fact that both manages frequently use their own credit cards to make purchases for the town, and are then reimbursed.

The Financial Information Act requires that all municipalities publish the names and salaries of anyone earning more than $75,000, and in 2021 that was 15 employees.

Graham said that is more than usual, as several public work employees worked considerable overtime in the aftermath of the 2021 flood. He added that flood related overtime was covered by provincial emergency funding.

The SOFI report also lists all vendors and suppliers engaged by the town for more than $20,000. Last year the town’s largest expenditure was to James Coyne Contracting with a bill of $752,204. That firm is under contract for the landfill, garbage collection and recycling.

In total, Princeton spent $5,162,927 on goods and services.

Related: Town payroll grows as salaries increase and new positions added

Related: Regional District of Okanagan-Similkameen directors were paid more than $560,000

Do you have something to add to this story, or something else we should report on? Email:andrea.demeer@similkameenspotlight.com


 
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