Aligning the budget to the strategic plan provides accountability between what is achieved and the cost to you – the taxpayer.
The 2017 proposed capital budget is approximately $56 million, with a 10-year program of $667.8 million. The capital budget has a strong focus on infrastructure renewal projects reflective of the city’s commitment to the asset management plan and the strategic plan. This means we are focused on the city’s infrastructure and ensuring roads and buildings are in good condition and properly maintained.
The City of Burlington’s proposed 2017-2026 capital budget of $667.8 million is allocated into the following eight categories:
Our next Council meeting is on February 18 where we will be considering the Proposed Capital Budget.
On February 18th, Council will vote on approving the Proposed Capital Budget for 2014. Immediately after, we will begin our review of the proposed 2014 Current operating budget at the Community and Corporate Services Committee at 9:30 a.m. on February 20, 2014. A special Council meeting will be held immediately following the Committee meeting to approve the Current budget.
On January 29th, we held an interactive workshop about the city’s 2014 current and capital budgets. We had a great turn out at this meeting. Participants had the opportunity to discuss service choices, infrastructure, and the long-term financial plan while learning more about the city’s 2014 current and capital budgets and the impact the budget will have on 2014 property taxes. Continue reading →
Council and Staff have been hard at work on the City Budget for 2013. The proposed budget was approved by Budget and Corporate Services on February 28 with a tax rate increase of 4.46% The budget will go to City Council for final approval on March 18.