Belleville council will see a much lower capital spending plan for this year than the one passed last year.
Staff will present a draft capital budget at council’s meeting Monday. It totals close to $58.5 million, down
from over $94 million in 2022.
Included are 12 road reconstruction, roadside, and bridge projects, nine combined road and water/sewer projects, some preliminary work on the old fairgrounds property, three electric buses, and various parks projects.
The budget contains $4 million for design and partial construction on the former Quinte Exhibition grounds at Sidney Street and Bridge Street West
and $1.5 million for work at Sidney Street and College Street West, including widening of the intersection.
The purchase of three zero-emissions transit buses is budgeted at just over $5 million and almost $2 million has been set aside for renewal projects
at the Quinte Sports and Wellness Centre.
About 30% of the total budget is to be paid by long-term debt.
See a general breakdown of Belleville’s draft capital budget here.
Staff will present a general overview of the draft capital budget Monday. Council will focus on the plan and likely approve the final budget at
a special meeting Thursday February 23 starting at 9 a.m.
