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A new staff report finds the City of Nanaimo needs to find a way to cover a $258 million future funding shortfall over the next 20-years.
A new staff report finds the City of Nanaimo needs to find a way to cover a $258 million future funding shortfall over the next 20-years. File photo/NanaimoNewsNOW

Continuation of asset tax part of plans to cover Nanaimo's $258M long-term shortfall

By Dominic Abassi
April 22, 2017 - 2:22pm

NANAIMO — The City of Nanaimo is working on a solution to cover a more than $250 million funding shortfall to pay for things like roads, sewers and a new water supply dam.

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