St. Catharines city council approves $47.8 million capital budget
St. Catharines city council has passed the capital budget at $47.8 million.
Officials say year's budget has moved expenditures from the budgets into the capital budget in a effort to provide more transparency on spending.
Some of the major projects include the Canada Summer Games Legacy Project, improvements at Bill Burgoyne Arena, and the reconstruction of Ridley Road and the construction of an access road for the future Go Train station.
"The 2020 capital budget balances affordability with strategic investments for the future. We are renewing infrastructure, mitigating the impacts of climate change, and building community spaces to support our growing city." Mayor Walter Sendzik says via a release. "This budget is part of our financial modernization at the City of St. Catharines, aligning operating costs and capital investments for better planning and transparency."
The capital budget for 2019 came in at $31.3 million.