Thursday, February 2, 2012

Council looks at Capital Budget

Kenora City council is trying to keep spending down this year.

Yesterday, council met to go over its five year capital plan, and the municipal levy is going to be capped a 1.7 million dollars a year.

Chair of the Finance Committee Ron Lunny admits that keeping spending down will put pressure on the city's infrastructure deficit.

The city will be spending about four million dollars on capital projects in 2012, which includes drawing about two million dollars from reserves.

The roads department will eat up a majority of that spending.