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Proposed 2019 capital budget focuses on sustainability and environment

October 26, 2018 10:04 AM
(Red Deer, Alberta)

The City has released a proposed $115.76 million budget for City Councils consideration for 2019. The budget submitted is $774,000 lower than projected in 2018 and focuses on sustainability for our community. City Council will also consider the 2020-2028 capital plan.

“Our focus continues to be on providing quality services and facilities that meet the needs and expectations of our residents,” said City Manager Craig Curtis. “This budget addresses the concerns expressed by citizens while recognizing the constraints imposed on our community by the slower than anticipated economic recovery Alberta is experiencing.”

Since 2016, Red Deer has seen slower overall growth as well as some economic uncertainty, namely long-term provincial and federal funding which both play a major role in the capital project decisions and planning for future infrastructure. The projects being proposed in the 2019 capital budget will work to ensure our foundational infrastructure is sustained, previously approved projects are accounted for, and reserves are maintained in a positive balance.

“We know other municipalities in Alberta are also facing infrastructure issues, but we are taking a proactive approach to ensure we stay on top of our infrastructure needs and our capital budget reflects this,” said Curtis. “We need to position ourselves to ensure we receive our fair share of provincial and federal funding.”

On November 19, Council will consider the recommended projects in the 2019 capital budget and multi-year projects with start dates in 2019. Council will also have the opportunity to approve the 2020-2028 capital plan in principle giving administration the ability to plan future projects while providing the flexibility to adjust projects based on community needs and funding sources.

“We continue to balance maintaining existing assets with growth and the needs that citizens have identified,” said Dean Krejci, Chief Financial Officer. “The budget and plan maintain the longer term sustainability of our funding sources within the current economic environment.”

As part of the 2019 capital budget process, citizens have the opportunity to review the proposed budget and provide feedback to Council before they consider it. Feedback can be provided by email to feedback@reddeer.ca or in writing at City Hall, Collicutt Centre, Recreation Centre, Red Deer Public Library Downtown Branch, Timberlands Branch, and G.H. Dawe Branch. Copies of the budget are available at those locations starting Friday, October 26, and online at www.reddeer.ca/budget starting Wednesday, October 31. The deadline to submit feedback is 4:30 p.m. on Wednesday, November 14.

Capital budget review begins at 9 a.m. on Monday, November 19 in Council Chambers, City Hall.

For more information see the Q&A - 2019 Capital Budget and 2020-2028 Capital Plan (pdf)2019 Capital Budget and 2020-2028 Capital Plan (pdf)  and project highlights.

For more information, please contact:

Craig Curtis
City Manager
The City of Red Deer
403-342-8156   

Dean Krejci  
Chief Financial Officer
The City of Red Deer
403-342-8204
                            
Communications & Strategic Planning
The City of Red Deer
403-342-8147

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