Deputy Treasurer says it's over $50-million in spending to maintain city assets, and for growth
After an over 4 hour meeting, Niagara Falls city councillors approved the capital budget for next year.
The city's Deputy Treasurer James Dowling says 97-projects were approved, including an amendment for accessible swings.
He spoke of the cost for taxpayers. "Over $50-million in capital investment in the community, it's leveraging a variety of different funding sources, none of which are creating an immediate impact to their property tax bill for next year."
He adds many councillors feel this is a responsible budget, focused on the city's assets.
"At a high level, when you're looking at the budget, you've got about 94% of the budget is focused on maintaining the city's current assets. Things like roads, fleet vehicles, parks, all the large infrastructure of the city."
He says as future costs are expected to rise, they'll have to look deeper at how budgets are put together.
City to Review Tree Planting at Park
Port Colborne Woman Wins Lottery
Thorold Getting Tough on Feeding Wildlife
Port Colborne Backs Flag Desecration Request
Brock Student Arrested for Online Threat
NRP Board Rejects Budget Request
Police Looking for Robbery Suspect
Smithville Pet Food Plant Expands