Mayor Jakeway & CHOICE - The REAL cost of their Elder Grant

Mayor Jakeway and his CHOICE slate of candidates are proposing an Elder Grant for the seniors in Campbell River that will help pay their property taxes. It sure sounds like a great promise and for "only $202,000 a year". What’s that promise really going to cost the city taxpayers?

Here is a conservative cost estimate of that promise.

Seniors in Campbell River ** source Stats Canada 2011 census data
- 80 to 84 years old 685
- 85 + years old 585

Assume that ½ are married and that only half are home owners eligible for the Elder Grant
- 80 to 84 years old 685/2 = 343/2 = 171
- 85 + years old 585/2 = 293/2 = 146

Estimated cost of the Elder Grant
- 80 to 84 years old 171 x $1,045 = $178,956 * maximum grant matched
- 85 + years old 146 x $2,090 = $305,663 * double the maximum grant
Total = $484,619

So Mayor Jakeway and CHOICE, tell us again how you are going to cut taxes and keep service levels while making these kinds of promises?

Common sense; I think just more nonsense from a bad Mayor and a bad CHOICE!