City council approves 2019 operating and capital budgets
News & Public Notices
Content - General - Stay Connected
null City council approves 2019 operating and capital budgets
February 20, 2019 –
The City of Kingston's budgets have been officially approved. Last night, council voted to accept a 2019 tax-supported operating budget of $388.6 million, and a capital budget of $51.8 million.
They also approved a utility-related operating budget of $61 million for 2019 and $62.3 million for 2020, including multi-year utility rate increases and a four-year capital budget of $153.6 million.
The municipal operating budget incorporates a 2.5 per cent tax rate increase – one per cent of which is dedicated to capital infrastructure.
This budget was developed to maintain service levels and to conclude on some of the priorities of the previous Council. Strategic priorities for the new council term will be established by council this spring.
What these budgets support, in general terms:
- The $388.6 million operating budget pays for all day-to-day operations of the City of Kingston, allowing the City to deliver programs and services. Examples of operating costs include salaries and benefits, insurance, supplies, fuel and utilities.
- The $51.8 million capital budget funds the rehabilitation and replacement of existing capital assets including roads, sidewalks, parks, facilities and transit buses.
- The $61 million and $62.3 million utility-related operating budget for 2019 and 2020 respectively pays for the wastewater, water and gas operations of Utilities Kingston.
From housing and social services, to roads and sidewalks, to recreational and cultural activities, your property taxes support a wide-range of programs, facilities and services that add to your quality-of-life as a resident of Kingston.