Municipal Infrastructure
Infrastructure describes the structures and equipment that the municipality owns. In a effort to maintain the condition of municipal assets (worth $1.8 billion) the 2015/16 budget spent $93.2 million or 69% of the total capital budget on rehabilitation and replacement of existing assets.
To view the proposed 2015/16 capital budget by category, see capital budget graph.
Comparison of a home budget vs. the municipal budget is an easy illustration of how capital budgeting works.
Click on the capital infrastructure items below to get more detail on the budget that pertains to these assets.
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