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$10.77 million

Lacombe city council presented with 2022 Capital Budget

Sep 28, 2021 | 1:52 PM

Lacombe city council has received a draft of the 2022 Capital Budget, which includes 33 projects at an anticipated cost of $10.77 million.

If approved, City officials say the Budget funding sources include: $7.82 million from grant funding, $2.62 million from reserve fund withdrawals, and $330,000 from other sources.

The proposed funding is anticipated to be distributed amongst four divisions, including $8.29 million towards Operations and Planning Services, $2.03 million towards Community Services, $390,000 towards Corporate Services, and $65,000 towards the Lacombe Police Service..

Total operational impacts from these projects are equal to $253,900 and are reflected in the 2022 Operating Budget.