City proposes $57 million capital budget

At the December regular council meeting, Kawartha Lakes senior staff presented a prioritized listing of capital projects for consideration and debate — including $26 million in road repairs and upgrades.

The list also includes $15.6 million worth of new vehicles and equipment for the city fleet and $4.9 million in upgrades and repairs to city-owned facilities.

Dr. Adam Found, manager of engineering and corporate assets, who spearheaded this part of the budget presentation, told council that “the city should be spending these amounts” to keep on top of pressing city needs and that money coming out of debentures, the asset management reserve, the fleet reserve and the gas tax downloaded by the federal government should cover the bulk of these projects.