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class="c-video__placeholder"> <img class="c-video__image" alt="Click to play video: 'Lethbridge City Council receives ‘concerning’ review on Lethbridge and District Exhibition'" width="640" height="360" data-src="https://i1.wp.com/media.globalnews.ca/videostatic/news/xz1ynpzqwm-hiabpgz53l/LDE_REVIEW_WEB.jpg?w=1040&quality=70&strip=all" loading="lazy" srcset="" sizes="" data-srcset="https://i1.wp.com/media.globalnews.ca/videostatic/news/xz1ynpzqwm-hiabpgz53l/LDE_REVIEW_WEB.jpg?w=450#038;quality=70&strip=all 450w,https://i1.wp.com/media.globalnews.ca/videostatic/news/xz1ynpzqwm-hiabpgz53l/LDE_REVIEW_WEB.jpg?w=720#038;quality=70&strip=all 720w,https://i1.wp.com/media.globalnews.ca/videostatic/news/xz1ynpzqwm-hiabpgz53l/LDE_REVIEW_WEB.jpg?w=1040#038;quality=70&strip=all 1040w," data-sizes="(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px" > <span class="c-video__overlay"> <div class="c-button c-video__icon c-videoPlay__icon "> <svg class="c-icon c-button__icon" focusable="false"> <use xlink:href="https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=cv3j60zbx#play"></use> </svg> </div> <div class="c-video__data"> <time class="c-video__duration">1:54</time> <span class="c-video__title">Lethbridge City Council receives ‘concerning’ review on Lethbridge and District Exhibition</span> </div> </span> </span> </div> </div> <figcaption class="c-video__caption c-caption"> <span class="c-caption__desc">A third-party review of Lethbridge and District Exhibition has left City Council upset and frustrated with the findings. 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city administrators are recommending council increase <a href="https://globalnews.ca/tag/taxes">taxes</a> for next year by over seven per cent.</p><img decoding="async" src="https://d21y75miwcfqoq.cloudfront.net/70c8fc80" alt="" style="position:absolute;width:1px;height:1px" referrerpolicy="no-referrer-when-downgrade"> <p>Following a memorandum of understanding (MOU) between the City of <a href="https://globalnews.ca/tag/lethbridge">Lethbridge</a> and Lethbridge and District Exhibition earlier this year, the city assumed governance of the struggling organization.</p><p>Another key component of the MOU was a third-party review of LDE. The findings of the review were presented to council Tuesday morning, with the mayor of Lethbridge, Blaine Hyggen, expressing frustration.</p><p>“”This is extremely — and I’ll say <em>extremely</em> — concerning, given this was primarily a tax-payer funded project,” said Hyggen on Tuesday afternoon.</p><p>On Wednesday, city administration made recommendations to the City of Lethbridge Economic and Finance Standing Policy Committee on how to solve the crisis.</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-10" class="c-ad__unit" data-ad-pos="10" > </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-10","lazy":false,"targeting":{"pos":10,"slotid":"gpt-ad-300250-10"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-10","lazy":false,"targeting":{"pos":10,"slotid":"gpt-ad-300250-10"},"companion":false} ); } </script> </div> <p>Two primary options were presented to the committee, which can then be passed onto council for consideration next month.</p> <div class="c-inlineSignup" data-newsletter-inline> <div class="c-inlineSignup__image"> <img width="170" height="225" loading="lazy" data-src="https://globalnews.ca/wp-content/themes/shaw-globalnews/images/skyline/money123.jpg" alt="Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday."> </div> <div class="c-inlineSignup__content"> <h3>Get weekly money news</h3> <div class="c-inlineSignup__blurb">Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.</div> <form class="c-newsletterSignup__container" id="ns-full-inline-form"> <fieldset class="newsletter-hidden-fields"> <input type="hidden" id="cr" name="cr" value="100431" /> <input type="hidden" id="fm" name="fm" value="101" /> <input type="hidden" id="s_brand" name="s_brand" value="gn" /> <input type="hidden" id="s_gn_topics_money123" name="s_gn_topics_money123" value="100" data-newsletter-inline-code /> <input type="hidden" id="s_collector" name="s_collector" value="" /> <input type="hidden" id="s_create_date" name="s_create_date" value="2025-02-26 04:19:42" /> <input type="hidden" id="s_last_modified" name="s_last_modified" value="2025-02-26 04:19:42" /> </fieldset> <label for="ns-inline-email-input" class="sr-only">Sign up for weekly money newsletter</label> <input id="ns-inline-email-input" type="email" class="c-newsletterSignup__input" placeholder="Email address" required data-newsletter-inline-email /> <button id="ns-signup-button" class="c-button c-inlineSignup__button" type="button" data-newsletter-inline-submit>Sign Up</button> </form> <div class="c-inlineSignup__disclaimer">By providing your email address, you have read and agree to Global News' <a href="https://www.corusent.com/terms-of-use/" target="_blank">Terms and Conditions</a> and <a href="https://www.corusent.com/privacy-policy/" target="_blank">Privacy Policy</a>.</div> </div> </div> <p>The first option was to lock the doors and shut down the new Agri-Food Hub and Trade Centre. However, city administration recommends their other option — keeping the facility operational. Both choices lead to an additional $4.1 million in expenses for the city in 2025.</p><p>With the latter option, administration recommends council increase taxes by 7.34 per cent next year. 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data-title>Economic Blueprint to Strengthen B.C.’s Economy Amid U.S. Tariff Threats</span> </div> </div> </a> </li> </ul> </section> </div> </div> <p>“Going from the current year, 2024 tax rate, to the 2025 tax rate, is an additional roughly $130 on that average home. Then you add on this additional 2.24 per cent tax and that’s an additional $60 on top of that, coming to $190,” said Darrell Mathews, CFO for the City of Lethbridge on Wednesday morning after he presented the city recommendations.</p><p>While the two options were to lock it up or keep it going, Mathews says there was no conversation about selling the Agri-Food Hub.</p><p>“One of the things that’s in the terms and conditions of the grant funding from the province, is that the Lethbridge and District Exhibition has to maintain that facility until at least 2027.”</p><p>While he says a tax increase is not what the city wants, it’s the cards that have been dealt.</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-11" class="c-ad__unit" data-ad-pos="11" loading=lazy > </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-11","lazy":true,"targeting":{"pos":11,"slotid":"gpt-ad-300250-11"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-11","lazy":true,"targeting":{"pos":11,"slotid":"gpt-ad-300250-11"},"companion":false} ); } </script> </div> <p>“Administration is providing council with the best recommendation, with where we are at today, with the unfortunate situation we’re facing.”</p><p>With $4.1 million requiring attention in 2025, future councils will need to consider another $32.1 million in unfunded LDE capital projects, according to the city.</p><p>Lethbridge city council still needs to approve the tax increase, which is set to come to council on Dec. 10.</p> <section id="content-related-items-1" class="l-inlineStories l-inlineStories--text " aria-label="Related articles section 1" > <div class="c-infoBox "> <div class="c-infoBox__inner "> <div class="c-infoBox__title">Related News</div> <ul class="c-infoBox__ul"> <li class="c-infoBox__li"> <a href="https://globalnews.ca/news/10889999/city-council-receives-concerning-review-on-lethbridge-and-district-exhibition/" class="c-infoBox__a">City council receives ‘concerning’ review on Lethbridge and District Exhibition </a> </li> <li class="c-infoBox__li"> <a href="https://globalnews.ca/video/10249188/mou-signed-with-city-of-lethbridge-and-lethbridge-and-district-exhibition/" class="c-infoBox__a">MOU signed with City of Lethbridge and Lethbridge and District Exhibition </a> </li> <li class="c-infoBox__li"> <a href="https://globalnews.ca/video/10181007/city-council-approves-initial-steps-to-help-lethbridge-and-district-exhibition/" class="c-infoBox__a">City 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