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Tri-Cities post vastly different spending trends

Coquitlam and Port Moody spent nearly the same amount per person in 2012 while Port Coquitlam lagged far behind them in a study of Metro Vancouver municipalities released yesterday by the Fraser Institute.

Coquitlam and Port Moody spent nearly the same amount per person in 2012 while Port Coquitlam lagged far behind them in a study of Metro Vancouver municipalities released yesterday by the Fraser Institute.

The study found Coquitlam ranked fifth in population among the 17 Metro cities studied and seventh in per-person spending ($1,393 - up nearly 50% from the $933/person spent in 2002).

PoMo, 14th in population size, was the ninth biggest spender ($1,345 - up 18% from the $1,145/person spent in 2002) while PoCo's population put it in 11th place for population and 15th for spending ($1,163 - up 30% from the $892 in 2002).

None of the Tri-Cities was ranked closely in per-person spending with other cities with a similar population size.

And Port Moody, with its municipal police force, was also much lower in per capita spending compared with other cities that also have their own force: West Vancouver is at the top of the Metro Vancouver heap, spending $2,118 per person, followed closely by New Westminster at $1,837/person (second-highest Metro spender) and Delta at $1,596 (fourth-highest).

On average, Metro Vancouver cities spent $1,384 per person in 2012, making Coquitlam a slightly above-average spender (0.6%) while PoMo spent nearly 3% less and PoCo, 16% less.

The Fraser Institute report did not draw any conclusions accounting for the differences in spending, noting they did not seem to be driven by population - Vancouver has the highest population but was the third-highest spender while Surrey had the second-largest population and was the lowest spender and West Van was the highest spender but with a relatively small population.

As well, the report notes, neighbouring municipalities posted significant spending differences. New Westminster, for instance, spends nearly $600 more per person than Burnaby and Port Coquitlam spends far less than PoMo and Coquitlam.

The revenue rankings also show a wide disparity among the Tri-Cities.

Coquitlam's 2012 revenue ($2,144/person) placed it fourth among Metro Vancouver cities while PoCo's ($1,687) ranked 12th and PoMo's ($1,591) ranked 16th.

Nearly half of Metro Vancouver cities' revenue comes from property taxes. In 2012, tax revenue per-person rankings put Coquitlam in fifth ($1,009/person), PoMo in eighth ($929/person) and PoCo in ninth ($916/person).

The tax burden is shouldered mainly by residents in each of the cities - nearly 61% in Coquitlam, about 67% in PoMo and 56% in PoCo.

@spayneTC