Thursday, May 16, 2024

Updating Langley City's Financial Plans and Improvement Projects

Yesterday, I posted about Langley City's 2023 audit financial statement and that we received a clean bill of financial health. Today, I am highlighting amendments to our 2023-27 Financial Plan and 2024-28 Financial Plan.

As part of basic housekeeping, once we've received our 2023 audit financials, we need to update the 2023-27 Financial Plan and Capital Projects and Improvements Plan to reflect those financial results. Council gave first, second, and third reads to approve this update in principle.

As we move through the year, the City and Council's priorities for improvements and projects change. We can also receive funding for projects from the federal government, the province, TransLink, ICBC, and others. These changes mean that Council must approve amendments to the plan throughout the year. On Monday, Langley City Council gave the first, second, and third readings to approve the following changes in principle.

  • Langley Bypass Roadway and Cycling Improvements - Received additional funding from TransLink.
  • 200 St Culvert Upgrade at Brydon Crescent - Received additional funding from TransLink.
  • Major Road Network Rehabilitation - Received additional funding from TransLink.
  • SkyTrain Multi-Use Path - Received $4 million from the province to create a walking/bike path along the entire SkyTrain route in Langley City.
  • Building a Safer Langley - Received additional funds from the federal government.
  • Local Government Climate Action Program - Received additional funds from the province.
  • Road Rehabilitation - Received additional funds from the federal government.
  • Demolition of Buildings Adjacent to City Hall / Timms Centre - Reallocated funds from City reserves.
  • Fire Hall Exterior Building Envelope Repair - Reallocated funds from City reserves.
  • Fire Ladder Truck Replacement - Reallocated funds from City reserves.
  • Fire Department Thermal Image Camera - Reallocated funds from City reserves.
  • City Park Baseball Diamonds Upgrade - Reallocated funds from City reserves.
  • Miscellaneous Property Purchase - Reallocated funds from City reserves.
  • 208 Street Water Service Repair - Reallocated funds from City reserves.
  • Sewer and Drainage Replacements - Reallocated funds from City reserves
  • Water and Sewer Hydraulic Modelling Software - Reallocated funds from City reserves.
  • Township of Langley Imposed RCMP De-integration Study - Reallocated funds from City reserves.
  • RCMP City Detachment - Reallocated funds from City reserves.
  • City-Wide Parking Study - Reallocated funds from City reserves.
  • Douglas Crescent & 203 St Intersection Safety Improvements - Reallocated funds from City reserves.
  • Fraser Highway, 201A St to 203 St Water Main Replacement - Reduced Budget
  • 46 Ave, 196 St to 200 St Repaving - Deferred project to free up funding
  • Mayor Roads, Left Turn Lanes - Deferred project to free up funding
  • Fire Hall HVAC Renewal - Deferred project to free up funding
  • Park Equipment – Chipper & Trailer - Deferred project to free up funding
  • Rail Notification System - Deferred project to free up funding

You can view the entire document of changes on Langley City's website.

4 comments:

Anonymous said...

Will the cycle lanes planned on Langley bypass be separated ones ? Same with the skytrain multiuse path. These changes will make it pleasant to walk in those places where it’s currently undesirable. So looking forward to actual implementation of it.

Nathan Pachal said...

Yes, they will be separated.

Anonymous said...

Any idea when these bike lanes will be constructed?

Nathan Pachal said...

I believe in 2026 as we are building up the funds