Belleville City Council approved a recommendation to accept the proposed levels of service in the Asset Management Plan.
Council was presented with the proposed levels of service in the Asset Management Plan, projecting infrastructure needs over the next 10 years while considering the life cycles of the city’s equipment and facilities.
A presentation delivered by Akeel Ali and Aman Singh showed a slide saying that 84% of the city’s assets were assessed as being in either fair, good or very good condition.
Thirteen per cent of assets are considered to be in poor or very poor condition, with the remaining 3% marked as unknown.
Maintaining the proposed levels of service over the next decade would require average annual funding of $198.85 million, however, the city’s 10-year capital plan and historical operating budgets indicate that an annual average of $168.63 million is available, resulting in a shortfall of $30.22 million per year under the 10-year proposed levels of service approach.
When accounting for the Whole of Life approach, the average annual investment increases, raising the average annual gap to $65.25 million per year.
In order to deal with the gap, staff recommended an annual tax levy increase of 2.2 per cent.
Director of Finance for the City of Belleville, Brandon Ferguson, was asked by Councillor Paul Carr about the tax implications.
“We will be evaluating all budgetary items at the 2026 operating budget, other than those that are pre-approved,” Ferguson told Carr.
“If we take into consideration this item, as well as some of the pre-approvals that have been done to date, it would be about 3.74% of a levy increase, not considering growth for decisions that have been made so far.”
Council approved the recommendation.
