Red Deer’s proposed 2021 capital budget has nearly doubled, in these lean times, because the city wants to take advantage of federal and provincial infrastructure grants.
City Manager Allan Seabrooke told council on Monday at the outset of city budget discussions, that about $219.2 million of projects are proposed for next year. This compares to the more usual $125 million for annual infrastructure projects.
The capital funding increase is due to city administrators wanting to tap into federal and provincial governments grant programs, which are being made available to municipalities to spur the economy during the pandemic, said Seabrooke.
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