Capital budget set to go
Belleville city council has approved its capital budget with no changes to staff’s recommendations.To pay for the 105 projects in the budget, $17.2 million will be borrowed but the city is still well within its debt limits whereby no more than 12% of the city’s operating budget can be used to pay debt principal and interest annually. This budget approval sees the city paying just 8.9% of last year’s operating budget on debt servicing.
The budget features 12 road reconstruction, roadside, and bridge projects, nine combined road and water/sewer projects, and various parks projects. When discussing the cameras, Chief Callagan said he’d really like to see cameras installed at all entrances/exits to the city. “If we had cameras in this those locations we would have arrested suspects involved in July’s Northway Lounge shooting a lot sooner than we did.”Here are a few of the major or unique items and projects included in the capital budget:
Also $2 million is in the budget for various renewal projects at the Quinte Sports and Wellness Centre.
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