The City recently presented its 2010 Financial Plan at a public hearing held on February 2, 2010. The presentation provided the general public with information about the projects and programs that are to be initiated or provided in the coming year, some of which include:
Construction projects
Sewage lagoon expansion - $10,500,000
Landfill expansion - $2,000,000
Pavement management program - $560,000
Henry St. sewermain renewal - $400,000
Deerfield Estates pathway - $500,000
Cedar Crescent watermain renewal - $200,000
Tennis courts rebuild - $150,000
Football field rebuild - $100,000
Equipment purchases and programs
Landfill crawler replacement - $300,000
Road grader replacement - $225,000
New handi-van - $55,000
Replacement of two pickup trucks - $70,000
Leisure pool disinfection system upgrade - $25,000
Dust control program materials - $36,000
Sidewalk maintenance program - $50,000
Funding for these items is generated from a variety of sources. A capital grant in the amount of $7.0 million was approved by the federal government to offset the costs of the sewage lagoon expansion. Other grants totaling $600,000 will be received to help pay for the pavement management program and the tennis court rebuild. The remaining project and program costs will be funded by a combination of taxation and user fees.
In total, the City anticipates that $16.0 million of construction work and equipment purchases will be completed in the current year, in addition to approximately $11.0 million to be spent on operating programs among all City departments. This means that 2010 will be one of the most active and challenging in the City's history.
