KAMLOOPS – The Thompson Regional Hospital District (TRHD) Board of Directors has now approved the 2025 Budget and capital project contributions for this year.
A residential home within TRHD boundaries assessed at $680,000 will pay approximately $217.94 in property taxes to the Hospital District in 2025. This is an increase of approximately $10.34, or 5%, compared to 2024. In total, the 2025 TRHD Budget includes a tax requisition of close to $18.1 million, which is an increase of approximately $860,000 from 2024.
The TRHD Board previously gave direction for staff to prepare a 5% tax requisition increase each year between 2024 and 2028. This additional revenue is specifically earmarked for construction of the new Kamloops Cancer Centre at Royal Inland Hospital (RIH) and for future enhancements at RIH.
Currently, the TRHD is anticipating to cover approximately $45 million of construction costs for the Kamloops Cancer Centre, which is 35% of costs for a new parkade, purchasing MRI equipment, and additional upgrades to RIH.
“A new Kamloops Cancer Centre remains a top priority for our Board and for residents, and we are preparing for an additional improvement project at RIH in future years,” said Board Chair Mike O’Reilly. “This Hospital District budget balances our current and future healthcare needs while maintaining predictable, stable tax increases for residents.”
The TRHD Board has also approved allocating $6.85 million for capital projects and equipment purchases in 2025 at healthcare facilities, which represent 37% of total costs for these projects.
For a list of capital projects being funded in 2025, and to view the 2025 TRHD Budget, view the attachments in the TRHD Board Report.
Source: tnrd.ca
