City Tables 2015 Capital Budget For First Reading
The 2015 Capital Budget will invest $30 million in critical infrastructure projects that will improve City operations and services for citizens. This is a substantial investment in infrastructure that is needed
cheap ray ban outlet to deliver key municipal services such as water and waste systems, roads, recreation and fire protection.
"The top priority for the Capital Budget is the . The new Service and Operations Buildings will significantly reduce energy costs, improve service delivery and make our operations more efficient," said Mayor Dan Curtis. "This project will have important economic benefits for
fake ray bans local professionals, tradespeople, contractors and suppliers. This is a major investment in our infrastructure, our economy
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The City held a budget consultation during the month of October. Budget displays and information were at the Canada Games Centre and City Hall. "Citizens provided helpful input at these displays, during an Open House and using a new interactive budget tool called Citizen Budget. Council encourages citizens to provide
discount ray bans input on the proposed Capital Budget at an upcoming Open House and Public Input Night," said Deputy Mayor Dave Stockdale.
The Open House is on November 19 and the Capital Budget Public Input Night is on November 24. Second and Third Reading is planned for December 8. The City is working to have the Capital Budget in place before the end of the year so the local business community can anticipate and plan for upcoming projects.
BACKGROUNDER 2015 CAPITAL BUDGET HIGHLIGHTSTotal project cost for new Service and Operations Buildings is $55 million
Federal Gas Tax funding ($13 million)
Savings from the City’s capital reserves ($13 million)
Low interest financing ($29 million)
Energy savings and avoided lease costs reduce financing costs by $500,000 per year
$21 million is allocated to this project in 2015, including $6 million from Gas Tax, $13 million from capital reserves and $2 million in low interest financingArticles Connexes：
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