2015-2018 Capital Budget approved on December 11, 2014.
City Council approved the 2015-2018 Capital Budget on December 11, 2014.
Edmonton is a vibrant, growing city with a standard of living among the highest in North America. Infrastructure is vital for enabling the services that help make Edmonton such an appealing place to live, work, do business and visit. Investments in hard infrastructure play a key role in Transforming Edmonton and bringing to life the long-term vision for a thriving, welcoming, affordable and sustainable community.
The City of Edmonton's Capital Budget determines the investment in Edmonton's hard infrastructure: the construction of buildings like recreation centres and libraries, transportation assets like LRT lines and bridges, and neighbourhood infrastructure like sidewalks and streetscapes.
As the City moves into a new capital budget cycle (2015-2018), it does so on the heels of record levels of spending witnessed over the previous two capital cycles that have put Edmonton on a solid foundation in terms of addressing key growth and renewal priorities.
The City of Edmonton's approved 2015-2018 Capital Budget will see investment of $4.3 billion (over the next 4 years) and a total of $6+ billion (for projects extending beyond 2018) on hard infrastructure: new and upgraded libraries, fire stations, a police division and a transit garage; renewal and upgrade of recreation facilities; construction of transportation assets like the Valley LRT line, roads and bridges; and neighbourhood infrastructure like sidewalks and streetscapes.
The expenditures for this next 4-year budget cycle will see 55% of the total ($2.38 billion) go toward new and enhanced infrastructure and 45% of the total ($1.92 billion) go toward replacement and rehabilitation of existing infrastructure.
Approved 2015-2018 Capital Budget
Approved on December 11, 2014.
2015-2018 Original Approved Capital Profiles
Capital Profiles as approved by Council on December 11, 2014.
Updated Capital Profiles
All Approved Capital Profiles updated as of December 31, 2015.