2018 Capital Budget

2018 Capital Budget - Overview

The capital budget has the common goal of balancing the immediate and future needs, with consideration of affordability.  Capital projects and assets include such things as vehicles, roads, bridges, watermains, buildings, vehicles, and equipment. 

Capital Project Focus

Across Ontario, municipalities are faced with a growing infrastructure gap. Lincoln currently has a $6,449,000 funding gap to address.

Therefore, the development of a long-term capital forecast and the related financing strategy is needed to ensure our municipal infrastructure is maintained. The bulk of investments to date, especially over the past five years, in our capital spending have occurred in the transportation (roads, bridges, traffic control) and environment and safety service areas (water, wastewater and fire rescue).

2018 Capital Investments by Category and projected cost

Funding for Capital Projects

The Town uses various forms of financing to support the capital plan & projects including:

  • Transfers from reserves (planned savings)
  • Development charges
  • Long-term borrowing
  • Grants
  • Funding from other levels of government
  • Tax levy (current year taxes)

2018 Capital Budget (including expenditures and funding sources)

2018 Capital Projects by category

  • Corporate Infrastructure
    • IT Upgrades
    • IT Upgrades (Library)
    • Redundant Dispatch System – Phase 5
    • Council Chambers Upgrade
    • Bennett Hall Washroom Updates
    • New Operations Yard Rationalization Review (BDSS)
    • Town Hall Roof Replacement
    • Vineland Library Roof Replacement
    • 2018 Fleet/Equipment Replacement Needs
  • Environment & Safety
    • Queen St. Sewer Upsizing Design
    • Water Meter Replacement and AMR Installation
    • Friesen Neighborhood Watermain Design
    • Second Ave Watermain Replacement Design
    • Victoria Ave Watermain QEW Crossing
    • Fire Emergency Equipment
    • Pumper-Rescue Truck Replacement
    • Fire Prevention Vehicle Replacement
  • Social Infrastructure
    • Mount Osborne Cemetery
    • Vineland Cemetery Compound
    • Jordan Lions Park Equipment Upgrades
    • Skateboard Park Construction
  • Transportation
    • Road Resurfacing & Rehabilitation Program
    • Academy St Reconstruction Project
    • Go Bus Stop Sidewalk - SSR
    • 23rd St Phase 1 - Road Reconstruction
    • Frost Road Bridge Removal
    • Moyer Rd Culvert Replacement & Slope Stability
    • Elizabeth St Shovel Ready Preparation
    • Lincoln Ave South Reconstruction Design
    • Red Maple Ave Reconstruction Design
    • 13th St Re-opening Design
    • Heritage Village Street Light Pole Replacements
    • Charles St Storm Sewer System Diversion
4800 South Service Road
Beamsville, Ontario
L0R 1B1
  

TEL: 905-563-8205
FAX: 905-563-6566
Emergency After-hours: 905-641-0971
info@lincoln.ca

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