DIDSBURY - Town council has considered a new multi-year capital plan as required under the updated provincial Municipal Government Act.
The plan includes the town’s anticipated capital additions for the next five years. It is used to inform the annual budget process.
“The multi-year plan is a tentative plan for the next five to 10 years,” said Ethan Gorner, the town's chief administrative officer. “However each year, a capital budget is considered, vetted, explored and approved to formally adopt the items from the multi-year plan, which at times is adjusted during the capital budget planning process due to new information or circumstances that arise.
“During the annual capital budget process, more thorough administrative work is undertaken to prepare ‘business cases’ for these items, from the multi-year plan, for council's consideration.”
The plan calls for spending of $5.6 million in 2022, $3.3 million in 2023, $1.9 million in 2024, $2.6 million in 2025, and $1.8 million in 2026.
In 2022, the plan calls for protective service spending of $65,000 for municipal enforcement vehicle, $680,000 for rescue 230 vehicle, and $50,000 for emergency back-up generator.
In public works, it calls for $250,000 for grader, $55,000 for skid steer replacement, and $60,000 for fleet truck replacement.
Under public works and utilities, the plan calls for spending $1,050,000 on the 21 Street stormwater and surface works project, $80,000 on the street lighting continuity annual program, $2.9 million on east reservoir construction, $120,000 on Co-op Road project, and $80,000 on pedestrian continuity annual program.
Under recreation and parks infrastructure, the plan calls for spending $55,000 on playground updates, $100,000 for refinishing the pool basin, and $15,000 on MRP stage upgrades.
The complete multi-year plan can be found on the town’s website.
Council passed a motion accepting the multi-year plan as information.