City budget deliberations begin next week
The following is a press release from the City of Kingston regarding budget deliberations:
On Monday, Jan. 28, City of Kingston departments, Utilities Kingston and City-funded external agencies and boards begin their 2019 budget presentations to city council.
Council will be presented with a 2019 tax-supported operating budget of $388.6 million, which incorporates a 2.5 per cent tax rate increase and a capital budget of $51.6 million. Utilities Kingston will present City-owned utility-related operating budgets of $61 million for 2019 and $62.3 million for 2020, including multi-year utility rate increases and a four year capital budget of $153.6 million.
One per cent of the projected budget increase will again be earmarked for infrastructure improvements to roads, sidewalks and other City facilities.
The 2019 municipal budgets have been developed to maintain service levels and to finish priorities still underway. Strategic priorities for the new council term will be established by council later this spring.
Council will hear presentations from City departments, Utilities Kingston and agencies over three nights:
- Jan. 28, 6 p.m. – Utilities Kingston, municipal budget overview and City department presentations.
- Jan. 29, 6 p.m. – External agency/board and City department presentations followed by budget deliberations.
- Jan. 30, 6 p.m. – Deliberations (if required)
The presentations and deliberations will be in Council Chambers and are open to the public. The City will be tweeting live from the budget meetings using #ygkbudget.
For more on the City’s budget and financials, visit: http://www.CityofKingston.ca/budget