CAPITAL BUDGET

2021-2025

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$189.5 Million Capital projects 2021-2025 are funded by:
➢ Peace River Agreement Will average $24 million annually over the next 5 years

➢ Capital Reserves $50.0 Million (PRA related)

➢ Utility Reserves $18.2 Million

➢ Long term Borrowing $17.9 Million

➢ Grants Federal Gas Tax $1.1 Million

Provincial Conditional $3.3 million
➢ Developer Contributions $0.6 million

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 Fiscal 2019 Fiscal 2020
$$$ $$$
Capital Reserves (Dec. 17th)
Capital Reserves (for C1 to C4 Projects)
General Infrastructure Fund 45,417,391 72,297,450
Growth Infrastructure Reserve 12,241,229 12,551,169
Community Works (Gas Tax) Fund 1,087,583 2,010,463
Sub-Total $ 58,746,203 $ 86,859,082
(8.99%) 47.85%
Utilities Capital Reserves:
Future Capital Expenditures - Water 15,882,856 15,882,856
Future Capital Expenditures - Sewer 2,222,418 2,222,418
Sub-Total $ 18,105,274 $ 18,105,274
2.36% 0.00%
Statutory or Regulatory Reserves
Development Cost Charges - Sewer 2,850,580 2,967,731
Development Cost Charges - Water 2,567,676 2,693,592
Sale of City Owned Property 693,074 703,168
Parking Reserve 70,807 69,360
Parks Reserve 394,742 401,781
Sub-Total $ 6,576,879 $ 6,835,632
21.89% 3.93%
Total Capital Reserves $ 83,428,356 $ 111,799,988
Financing Capital Program
2021 - 2025
2021 2022 2023 2024 2025
Peace River Agreement Reserve - Carry Forward 35,764,957 10,980,457 3,153,457 50,000 50,000
Peace River Agreement Grant 24,142,000 24,000,000 24,000,000 13,794,000 10,471,000
Conditional - Provincial 3,294,500
Sewer Capital Reserve 3,085,000 500,000 500,000
Water Capital Reserve 2,899,500 2,375,000 4,160,000 1,980,000 2,700,000
Debenture Proceeds 725,000 14,565,000 590,000 1,125,000 850,000
Federal Gas Tax 615,000 500,000
Development Cost Charges 550,000
Regional and Other Grant 50,000 2,000,000
Total Financing of Capital Projects $71,125,957 $54,920,457 $32,403,457 $16,949,000 $14,071,000

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Capital Financing for 2021
Peace River Agreement 59,906,957 84.23%
Conditional - Provincial 3,294,500 4.63%
Sewer Capital Reserve 3,085,000 4.34%
Water Capital Reserve 2,899,500 4.08%
Debenture Proceeds 725,000 1.02%
Federal Gas Tax 615,000 0.86%
Development Cost Charges 550,000 0.77%
Regional and Other Grant 50,000 0.07%
Total $71,125,957

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C1 - Transportation, Roads, Sidewalks 2021 2022 2023 2024 2025
100 St Rebuild X X X
112 Ave from 103 St to 106 St X
96 St (114A Ave to north of 119 Ave) X
LAS 106 St (95 Ave to 97 Ave) X
LAS 96 Ave (104 St - 106 St) X
Road Overlay - Major Maintenance X X X X X
81 St (100 Ave to 101 Ave) X
Sidewalks and Streetlighting 107 Ave (90 St - 92 St) X
Traffic Signal Controller Upgrades X
Pre-Engineering for future projects X X X X X
93 St (77 Ave to 79 Ave) X X
Street Lights - Coversion to LED X
LAS 81 Ave from 89A St to 93 St X
LAS 101 St (105 Ave to 108 Ave) X
LAS 111 Ave from 98 St to 100 St X
LAS 90 St from 77 Ave to 81 Ave X
82 St (100 Ave to 101 Ave) X X
LAS - 105 Ave from 104 St to west end (CDC) X X
102 St (110 Ave to 113 Ave)
109 Ave (102 St to 104 St)
95 Ave (95 St to 96 St)
X
X
X
X
X
X
$77.5 Million
101 Ave from 104 St to 108 St X X X
111 Ave Cul-de-sac from Peace River Road to east end X
LAS 101 Ave (79 St to 86 St) X X
LAS 90 St from 77 Ave to 81 Ave X
79 Ave (90 St to 93 St) X X
LAS - 73 Ave (100 St to East End) X
111 Ave (100 St to 102 St) X X
103 St (112 Ave Triange Park) X
LAS Beaver Rd and 103 St (Alaska Rd South to Cree Rd and 107 St) X X
LAS 96 Ave (104 St to 106 St) X X
104 Ave from 102 St to 106 St X X
98A Ave (98 St to 100 St) X X
77 Ave (90 St - 93 St) X X
105 Ave from 106 St to 108 St X
LAS 98 St from Alaska Rd south to 85 Ave X
105 Ave (102 St to 104 St) X
97 Ave (100 St to 102 St) X
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100 St (Cree Rd to 85 Ave) X
Total to be Spent on Roads = $77,530,000 17,960,000 15,745,000 22,555,000 10,175,000 11,095,000
C1 - Local Area Service 2021 2022 2023 2024 2025
LAS 106 St (95 Ave to 97 Ave) X
LAS 96 Ave (104 St - 106 St) X
LAS 81 Ave from 89A St to 93 St X
LAS 101 St (105 Ave to 108 Ave) X
LAS 111 Ave from 98 St to 100 St X
LAS 90 St from 77 Ave to 81 Ave X
LAS - 105 Ave from 104 St to west end (CDC) X X
LAS 101 Ave (79 St to 86 St) X X
LAS 90 St from 77 Ave to 81 Ave X
LAS - 73 Ave (100 St to East End) X
LAS Beaver Rd and 103 St (Alaska Rd South to Cree Rd and 107 St) X X
LAS 96 Ave (104 St to 106 St) X X
LAS 98 St from Alaska Rd south to 85 Ave X
Total Spent on Roads = $17,355,000 2,615,000 5,080,000 3,970,000 2,880,000 2,810,000

13 Local Area Service projects expected to be started or finished over the next 5 years.

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C2: Facilities, Buildings and Parks 2021 2022 2023 2024 2025
New RCMP FMP X X X
Surerus and Kin Park Upgrades X X X X
PW Expansion X
North Peace Arena X X X
PSC Upgrades X X X X X
Festival Plaza Development X
Cemetery Upgrades (Master Plan) X X
Trails Development X X
Fire Hall Upgrades X
Parks Improvement: Existing Parks X X
Curling Rink Paving X
Urban Tourism Sign Plan X X X
Kids Arena Facility Remediation X X
Curling Club Facility Remediation X
Cultural Centre Facility Remediation X X X X X
Parks and Grounds Building X
City Hall Reno's X X
Urban Forest Annual X X X X X
Fire Training Centre X
Pre-Engineering for Future Projects X X X X X
Visitor Centre Construction Project X
Retrofit RCMP Building X
PSC Acoustics X X
Total Spent on Facilities, Buildings and Parks = $81,450,000 37,440,000 35,880,000 6,310,000 1,410,000 410,000
C3: Water and Sewer 2021 2022 2023 2024 2025
Sewage Lift Station Upgrades X
Water Main Looping and Fire Hydrant Installations X X X X X
HLPS Backup Power Supply X
High Lift Pump Station - Well Rehabilitation X X X X X
HLPS - Refurbish 500 HP Pump X X X X
Water PLC upgrades X
Line Locating Equipment X
Charlie Lake Dam Anchor Pilings X
Total to be Spent = $7,984,000 4,159,500 975,000 975,000 975,000 900,000

100% financed through the Water and Sewer Reserves and Development Cost Charges

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C4: Equipment, Vehicles, Machinery 2021 2022 2023 2024 2025
IT Infrastructure X X X X X
IT Software/Systems Development X X X X X
Fire Apparatus: Long Term Replacement - Engine 2 X X
PW Bulldozer X
Office Technology - Replacements/Additions X X X X X
PW Street Sweeper X
PW Loader X
PW Hook Lift Truck X
Ice Resurfacer X
GDS Multi-use Service Vehicle X
PW Pickup Trucks X X X X X
PW Snowblower X
PW Rubber Tracked Excavator X
GDS Cemetery Mower X
Fire Department Fire Prevention Vehicle X
Fire Department Chief Officer Vehicle X
FD Training Vehicle Replacement X
Utility Maintenance Equipment X
FD SCBA Decon Washer X
GDS Landscape Trailer X
CS Passenger Van X
PSC Forklift X
Portable Electronic Traffic Control Signage X
Floor Scrubbers X
PW Decontamination Unit X
PW Hook Lift Truck Attachments X X
Cemetery Shoring X
PW Grader X
Total to be Spent = $12,109,000 5,886,000 1,440,000 2,088,000 1,164,000 1,531,000
C5: Studies, Plans, Projects 2021 2022 2023 2024 2025
Community Foundation X
Economic Development Strategy X X
Visitor Centre Feasibility Study X
Health & Safety Master Plan X
Northeast Resource Municipalities Coalition X X X
Facilities Audit X
Capital Asset Management Plan X X
Integrated Community Tourism Strategy X X X X X
Air Photo and Lidar Contract X X X X X
Neighbourhood Plan Areas: Urban Development X
Winter Cities Program X X X X
Urban Tree Inventory X X
Business Resilience Audit and Planning X X
Mechanical Networks Audit and Planning X
Fire Department Pre-Incident Plans X
Downtown Action Plan Implementation X
FD Community Wildfire Protecton Plan X
Land acquisition and disposal X
Health & Safety Program X
100th Street Rights-of-Way Segments X X
Great Plains: Assessment and Full Documentaton X
Community Development Institute X
Housing Strategy Implementation X
Council Chambers Replacement Planning X
HRMS Procurement X
School District 60 Partnerships X
Total to be Spent = $10,396,371 5,680,457 880,457 475,457 3,225,000 135,000
Discussion/Questions