October 6, 2021
Municipal Council adopted its three-year capital expenditure plan (PTI) for 2022 to 2024 at a regular meeting held last night. The PTI includes investments of $43 million allocated over three years as follows:
Only $30 million of the total $43 million is new investment, $13 million was already budgeted for in the 2021–2023 plan but has not yet been used. A total of $12.7 million will come in the form of grants, and $8.7 million will be paid through a sector tax. As a result, since the last PTI, only $16 million in new investments will be taxed to the general public.
The PTI covers the various projects that the municipality plans to carry out within the next three years, including scheduling and financing through various revenue streams. The PTI is adopted in October so that the municipality can issue calls for tender as soon as the new year starts. This ensures better prices and contractor availability for the planned work.
The core projects in the PTI mainly concern infrastructure and buildings. Necessary work includes the expansion of treatment plants and certain municipal buildings, as well as repairs on Chemin du Lac-Meech and Chemin de la Rivière. These projects alone represent an investment of $26.8 million.
In more detail, the main projects under the PTI include: