Yesterday, I posted about the operating budget component of Langley City’s proposed 2018 Financial Plan which was introduced at Monday night’s council meeting. Today, I will be highlighting certain aspects of the proposed capital works portion of the 2018 Financial Plan.
This year, the City is proposing to invest $11.8 million back into the community. The focus areas of the capital works program are enhancing the parks and recreation system, and renewing infrastructure.
Summary of 2018 Capital Improvement Plan. Select table to enlarge. |
Some of the major projects proposed for funding this year include:
Parks
- $1 million for City Park to start implementing its master plan which was adopted in 2016
- $620,000 to upgrade playground equipment at various parks throughout the community
- $300,000 for renewing pedestrian bridges in the floodplain
Renewing Infrastructure
- $1.5 million to restore the Logan Creek culverts under the Langley Bypass
- $1.3 million to replace water and sewer lines, enhance lighting, and resurface Douglas Crescent between 206 Street and 208 Street
- $250,000 for erosion control along the Nicomekl River
- $640,000 to resurface 56 Avenue between Production Way and 200 Street
- $300,000 to start the process of renewing the Fraser Highway one-way section
- $600,000 for traffic signal replacement
- $510,000 for a new multi-use pathway along Duncan Way
- $300,000 for street light replacement and LED lighting upgrades
- $250,000 for a sidewalk along 46A Avenue
- $100,000 for traffic calming
The capital works program is funded through a combination of casino revenue, property tax, developer-paid charges, and with the help of other orders of government.
While the majority of casino revenue is invested into capital works, a small portion of it is set aside to invest into building the social capital of our community. The proposed 2018 budget includes $608,565 in community funding. The following are some of the major initiatives funded:
- $206,140 for ice user subsidy at Twin Rinks
- $50,000 for LEPS Summer Youth Employment program
- $30,000 for Grade 5 swim program
- $30,000 for parks cleanup program
- $44,425 for McBurney Summer Series events
- $80,000 for other special events
For a full list of projects that are proposed to be funded in 2018, please visit the City’s website. An open house on the 2018 Financial Plan is scheduled for January 31 between 6:00pm and 7:30pm at City Hall.
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