County adopts Capital and Interim Budgets

Print Version
Posted: 
Friday, December 20, 2019

Mountain View County Council passed at its December 11th regular meeting the 2020 Capital and Operating Projects Budget of $25,252,275.

In addition to the capital portion of the budget, Council also approved an Interim Operating Budget of $36,014,777. The interim budget allows the County to continue to conduct its business until the 2020 Operating Budget is passed sometime in April 2020.

Highlighting the Capital and Operating Projects budget is the Bergen Road (Twp Rd 320) construction totaling $10.5 million. Funding for this major project will be split, with $7.95 million coming from the County’s Road Reserve, $1.8 million from the provincial Municipal Sustainability Initiative (MSI) Grant, and $750K coming from the Federal Gas Tax fund.

Another focus of the Capital and Operating Projects Budget is the Capital Bridge Program for 2020 featuring projects budgeted for $4,263,630. This will be funded from the County’s Bridge Reserve.

Mountain View County Operational Services is responsible for the upgrading and maintenance of 2,893 km of chipseal, gravel and paved roadways, and over 260 bridge and large culvert structures.

Reserves are comprised of funds the County has set aside in previous budget years to cover large capital projects, such as major road construction and bridge replacement.

In addition to the major capital projects, the annual Re-Gravel Program and Re-Chipping Program will continue in 2020 with budgets of $2.25 million and $1.5 million respectively. These two yearly programs are funded through general revenues.

The Capital and Operating Projects Budget is approved in December of each year to facilitate project planning, issuing tenders and requests for proposals.

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