Staff presented council with a six-month update on significant capital projects. The report informs Council of the City’s capital budget and performance for significant projects over $1 million and currently indicates total capital expenditures are below the total approved budget allocation.
To keep Council and the public informed of municipal spending, this report includes status information on major, debt and endowment-funded initiatives, and covers active works for capital projects. Attached with the staff report is a 2024 project list that details, amongst other things:
- Project budget health and amendments
- Schedule health
- Forecasted completion dates
- Initial approval year
- Budgeted cost compared to actual cost
- Project update comments
Notable projects completed or underway so far in 2024:
- Mobile equipment replacement
- Aquatic Centre mechanical and building envelope upgrades
- John Hart Bridge Forcemain upgrade project
- Kin centre refrigeration upgrades