Charlottetown City Council approves largest capital budget in city history
Atlantic Memories Office
CHARLOTTETOWN, PEI — The City of Charlottetown has approved the largest capital budget in the city’s history.
At a special, undisclosed city council meeting on Jan. 27, city council approved the proposed capital budget of $90.1 million for 2022-23.
By comparison, the board approved a capital budget of $68.6 million in 2021-22 and a budget of $30.5 million the year before.
The proposed budget for 2022-23 allocates $13.40 million to the city’s water and sewer utility company for total estimated expenditures of $103.8 million.
“The 2022-23 capital budget is the largest capital budget ever passed by city council and it will see significant investments in critical public works, parks and recreation, water and infrastructure projects. sewers and more,” Mayor Philip Brown said in a Jan. 27 news release. “As Mayor, I am proud to see such a forward-thinking budget that encourages real growth and opportunity in Charlottetown, while demonstrating responsible fiscal management.
“I hope this budget will create opportunity and spur growth in our communities, while building a more accessible and resilient Charlottetown,” Finance Chairman Jason Coady said in the statement. “Through careful fiscal management coupled with a commitment to seeing our city grow and prosper, our council provides essential infrastructure for all residents.”
The city has allocated $44.88 million for public works projects including repairs to roads, sidewalks and multi-use paths, the volunteer fire station, the Brackley Point Road – St. Peter’s Road – Belvedere roundabout Avenue and Public Works Campus Expansion.
Approximately $31.33 million was budgeted for parks and recreation, $6.23 million for public transit, just over $3 million for fire and emergency services, 1, $90 million for community sustainability and $460,000 for policing, among other municipal facilities costs.
The city council said the budget will create local jobs, bolster sustainability and climate change mitigation efforts, and improve the city’s transportation network system both on and off road.
For a more detailed budget breakdown, visit charlottetown.ca/budget.
The City’s operating budget will be presented in March.