Officials recommend boosting reserves, seeking more provincial and federal grants, and adjusting user fees
Brockville is facing a growing infrastructure funding gap of $9.6 million a year, according to an updated asset management plan presented to council this week, The Recorder and Times reports.
Councillors heard the city will need an annual average of $16.8 million over the next decade to replace aging roads, bridges, vehicles and water systems. Between 2022 and 2024, Brockville spent only $7.9 million a year on capital replacement. Maintenance is also lagging, with actual spending at $11 million despite a projected need of $11.7 million.
If the current trend holds, Brockville could face a $96-million shortfall over 10 years. Staff say the tax levy would need to rise by 4.76 per cent for the city to catch up.
Officials recommend boosting reserves, seeking more provincial and federal grants, and adjusting user fees. The updated plan also adds climate-resilience requirements and new performance targets.
Council has approved the plan, with public consultation expected to begin soon.
TISS senior girls basketball team off to flying start at OFSAA with support from legendary Pirates alum
Brockville’s new supportive housing facility expected to strengthen community and help residents
Teen charged following single-vehicle collision
United Counties of Leeds Grenville to determine homeless shelter's fate today
Local schools are set to compete at the OFSSA Senior Girls' Basketball Championships