Capital budget approved by Winnipeg council
Winnipeg city council approved its $393-million capital budget for 2012 on Tuesday, but not unanimously.
The budget, which is an increase of about $23 million over the current year, passed by a vote of 10-6.
- $154 million — a 29 per cent increase — for roads and bridges in 2012.
- $1.9 million — a 34 per cent increase — for the sidewalk and curb renewal budget.
- Just under $31 million for regional and local street renewal.
- Focus on the gravel back lane program to upgrade more than 380 back lanes over five years.
- Four additional fire halls over five years.
- Upgrading existing community centres — $965,000 for the community centre renovation fund.
- Continued funding for major projects such as the Disraeli Overpass.
The city's borrowing will go up by about $15 million to accommodate the budget.
"City council knows what needs to be done and that we must spend more on infrastructure than ever before," said Coun. Scott Fielding, finance chair.
"This budget continues to focus strongly on roads, bridges, community centres, and the priorities Winnipeggers expect," added Mayor Sam Katz.
"Our budgets get more and more challenging each year as we strive to address the infrastructure priorities of our citizens with our limited revenue streams."