City of Edmonton recommends $65.5M capital budget increase
By
Mack Male
Administration is recommending a $65.5 million increase to the approved capital budget in the spring 2021 supplemental capital budget adjustment. That would bring the total approved tax-supported capital budget to more than $9.6 billion, including $7.1 billion in the 2019-2022 budget and $2.5 billion in 2023 and beyond.
The 2021 construction season kicked off in early May with 268 projects underway. The City of Edmonton's capital program was not reduced due to the pandemic in "an effort to support jobs and the economy in line with the efforts of other orders of government."
The recommended adjustments include $12.3 million due to budget overruns, $13 million for new projects including two Edmonton Police Service projects totalling $12.7 million, and $34.9 million in new funding for existing projects including $1.26 million to purchase two hydrogen buses as part of the bus fleet replacement project.