Capital Budget Guiding Principles

Council Priorities

Council identified the priority areas of: Roads & Road Resurfacing; Improving the Downtown Core; and City Facilities.

Detail Sheet

Every Capital project has a detail sheet created by the staff lead to organize and categorize projects by Title, Capital Code & Priority Level.

Council Priorities

The priority level of each project is aligned with a score based on a scoring matrix. The same matrix is used by all staff and is reviewed by two others not directly involved in each project. The matrix rationale is based on ten scoring categories -each scored out of five, but each weighted differently to reflect Council’s identification of direct impacts. Scoring categories and relative weight out of five are outlined to the right.

Staff Time Resources

Capital budget planning not only includes projects that can be financially afforded by the City, but also considers staff time as a resource. This budget includes a plan that we believe is achievable in 2023.

If the project proceeds (or fails to proceed), what will be the impact on operational performance?

What is the risk to the health and safety of the public or Staff if the project does not proceed?

Can the cost of investment be leveraged or are there partnership funds available?

Does the project address needs impacted by climate change?

Is the project required for legislative or regulatory compliance?

How many people will be directly impacted by the project?

Is the project a high priority for replacement in the asset management plan?

To what degree does the project support diversity and inclusion initiatives?

Has the project been identified through public engagement?

Does the project help meet a key result in the Strategic Plan?

To what degree is the aesthetic value of the asset improved?