August 2016 News Archive

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Mid-year budget approvals acknowledge slow economy while responding to immediate needs and emerging opportunities

August 16, 2016 3:51 PM
(Red Deer, Alberta)

City Council approved a $2.3 million one-time investment in a variety of items including lights, enhanced community space at the West Park Middle School and the QE2 corridor as part of today’s 2016 mid-year budget review.

Today’s meeting included an update from City Administration about Red Deer’s economic context, the financial status of The City of Red Deer, as well as mid-year budget recommendations for City Council’s consideration.

“Mid-year budget gives us an opportunity to provide City Council with a financial and strategic update for the organization as a whole as well as to bring forward any issues, projects or initiatives that cannot wait to be heard within the full context of the capital and operating budgets,” said City Manager Craig Curtis.

“Balancing the needs of our community with our responsibility to ensure financial sustainability today and in the future is increasingly difficult as we continue to navigate the current economic reality,” said Mayor Tara Veer. “The items approved by City Council today all respond to an immediate need, an emerging opportunity, or secure grants from other orders of government for Red Deer.”

The Government of Alberta recently approved the Gaetz Avenue/Taylor Drive and QE2 interchange reconstruction and improvements. To prepare for this construction, The City needs to complete intersection design work and related infrastructure. City Council approved $1.7 million towards this project today.

“The City actively advocated to the Provincial Government for a number of years for approval on this project,” said Mayor Veer. “These much needed developments will improve safety, visibility and traffic flow into our community. This access is especially important with the upcoming 2019 Canada Winter Games.”

The enhanced community space at West Park Middle School will be funded with $198,370 from the 2016 operating reserves. This is a partnership with the Red Deer Public School Division and is expected to include washrooms that are accessible from the exterior of the building as well as park enhancements such as picnic tables, benches and gathering spaces.

In addition, Council also approved $38,650 for lighting upgrades in the Collicutt Centre parking lot. The Collicutt Centre is currently outfitted with 31 separate 400 watt metal halide lamps for parking lot lighting, and the retrofit of existing equipment with LED fixtures is expected to reduce energy consumption by approximately 47 per cent.

“We are always looking for efficiencies and more sustainable ways of doing business,” said Curtis. “The upgrade will be funded from the Municipal Climate Change Action Centre grant within the 2016 Capital Budget. This is a timely investment with new fixtures being installed as part of the Collicutt Centre parking lot expansion project this year.”

The projects and initiatives approved for funding through the 2016 Operating Reserves cannot be funded through taxation as the tax rate bylaw was already passed. In addition to the $198,370 approved from the 2016 Operating Reserves, City Council also approved $2.1 million from capital funding sources.

Residents can find out more about the 2016 mid-year budget by visiting The City’s website at www.reddeer.ca.

For more information, please contact:

Tara Veer
Mayor
The City of Red Deer
403-342-8154

Craig Curtis
City Manager
The City of Red Deer
403-342-8156

Communications and Strategic Planning
The City of Red Deer
403-342-8147

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