BUDGETS
The 2025 Capital Budget outlines a series of strategic investments focused on enhancing municipal infrastructure, supporting community services, and ensuring long-term asset sustainability. This budget includes a total of eight (8) new capital projects, collectively amounting to $833,000. These projects address needs across various departments, including transportation, water infrastructure, and facility upgrades aiming to maintain service delivery and community well-being.
In addition to the new initiatives, the budget also incorporates eight (8) previously approved capital projects that are currently underway. These projects total $4,118,067 and reflect the municipality's ongoing commitment to infrastructure development and maintenance.
Together, the combined investment of $4,951,067 represents a balanced approach to advancing municipal priorities, focusing on projects that deliver maximum value for residents and support long-term growth and stability. However, rising inflationary pressures are affecting the municipality's overall ability to fund capital expenditures. Increased costs for materials, labour, and equipment could impact the scope and timing of some projects, requiring close financial monitoring and potential adjustments to maintain fiscal responsibility. This capital plan is designed to align with our strategic objectives, ensuring that resources are allocated efficiently while addressing both the current and future needs of the community.
The 2025 Capital Budget can be found HERE.
The 2024 Capital Budget can be found HERE.
The 2025 Proposed Operating Budget can be found HERE.
Any questions on the budget can be directed to any elected official or:
Ryan Leuzinger
Chief Administrative Officer