The City of Charlottetown's 2014 budget was presented to the public at a Council meeting held at City Hall on Friday, March 28th. Including both operating and capital, the City is projecting a budget of $56.9 million, and the Water and Sewer Utility is projecting a budget of $18.4 million.
"I am pleased to present a balanced budget that continues to provide the level of services that City residents have come to expect. I am equally pleased that we have done this without the need for a tax rate increase for either residential or commercial properties nor a rate increase for our water and sewer customers", says Chairman Cecil Villard.
Capital expense focus for the City will include street resurfacing and construction, storm water management improvements, traffic and pedestrian signal upgrades, the property and engineering costs for the future roundabout at St. Peters Road, property and design costs for the new Fire Hall, and several parks and recreation projects improving playgrounds and facilities. The Utility will focus on further work at the new well field site and the next phase of the Spring Park Combined Sewer Separation.
Activities and celebrations commemorating the 150th Anniversary of the initial meeting of the Fathers of Confederation has been provided for within the operating portion of the Budget. The City will have a year-long series of free events, concerts, festivals and fireworks with special events for seniors, veterans and youth. Natal Day will transition into a 5-day celebration, renamed 1864 Week for 2014. The City will play host to a record number of conventions and delegates including the prestigious ECMA Awards and seven national sporting championships.
Of note, the City continues its commitment to Arts and Culture with the newly appointed Arts and Culture Advisory Board. As well, two Police officers will be added, refocusing attention on the highly successful Officer In The School program.
The annual grant from the Province has increased 1% over 2013, however it currently sits at an amount less than what the City received in 2008. The City continues to work within these restraints while requesting the Province to amend the current revenue sharing model. The City does recognize the support of the Province to cost-share infrastructure projects such the Spring Park Combined Sewer Separation Project and the water source project.
"I would like to congratulate the Chair of Finance as well as all councillors and staff for their hard work in generating this responsible budget. The budget continues to include programs and services for our citizens and delivers value for our tax dollars", says Mayor Clifford Lee.
The City’s 2014 budget document, including a breakdown of capital projects and initiatives being undertaken by each department, is available online and can be accessed at www.charlottetown.ca/budgets.php.
A direct link to the presentatio is noted below.
City of Charlottetown