|CFO Corinne Bomben provided for the hosting and narrative duties as |
City Council explored the scope of Capital Spending for 2022.
Prince Rupert Council members received a forty eight minute tutorial on Monday afternoon of what their senior staff members believe are the must haves for 2022.
That as the City's Chief Financial Officer Corinne Bomben served as presenter and moderator for the Capital Project and Spending Presentation session.
The afternoon session was attended by a majority the Council Membership in person, with Councillor Niesh taking part by phone, Councillor Skelton-Morven did not participate in the Monday event.
As the program moved forward, Ms. Bomben outlined each line item from her Report for Council (available from the Agenda Package) which provided for the details on Spending plans in both Operations, Policing and Fire/Rescue as well as some of the City's large scale Civic improvement programs such as the Waterfront plans and those for the CN Rail building on the Waterfront.
"As far as content, this document sees the larges request to continue the work on our large utility projects as well as investments into protective services and investments at the waterfront.
As far as financial impact to our citizens and businesses the proposed amount of funding to come from taxation is 200,000 dollars less than in the previous year, or approximately a one percent decrease to the mill rate with respect to capital items funded as compared to 2021" -- CFO Corinne Bomben introducing the 2022 Capital Budget presentation on Monday
The synopsis of spending, the majority of which comes from reserves, surpluses or funding from other sources can be reviewed below:
|Director of Operations Richard Pucci at the|
Monday Capital Spending presentation for Council