Hamilton City Council Approves 2019 Tax Supported Capital Budget

HAMILTON, ON – During tonight’s City Council meeting, Council approved the City of Hamilton’s 2019 Tax Supported Capital Budget. Council’s approval supports $227.1 million gross in capital infrastructure projects. The increase in capital funding from property taxes equates to an increase in the operating budget of 0.52 per cent or $4.4 million. This represents an increase of $18 per year on an average household.

The Tax Supported Capital Budget will focus on roads, bridges, traffic, sidewalks, corporate/recreation facilities and entertainment facility rehabilitation, affordable housing, transit initiatives, Fire and Paramedic Services and waste management.  In addition, capital investments will be made towards improving the outdoor spaces in Hamilton including open space development, forestry and horticulture and West Harbour development.

2019 Tax Supported Capital Budget Highlights

• $227.1 million gross capital spending includes:
• $75.8 million towards Roads, bridges, traffic, sidewalks
• $24.3 million towards Transit initiatives
• $20.9 million towards Roads growth
• $15.9 million towards Corporate and Recreation facilities
• $10.7 million towards Fire and Paramedic Services
• $10.0 million towards Central Fleet Vehicle replacement
• $8.3 million towards Open Space Development
• $8.2 million towards West Harbour Strategic initiatives
• $7.5 million towards Affordable Housing Initiatives
• $4.5 million towards Forestry and Horticulture
• $3.7 million towards Waste Management initiatives
• $2.8 million towards Entertainment facility rehabilitation
• $2.6 million towards Parks and Cemeteries
• $2.4 million towards Information Technology  

“The 2019 Tax Supported Capital Budget allows us to invest in our facilities and infrastructure, like roads, transit, water, and waste water services, that we all depend upon, while at the same time keeping tax rates low. People can be assured that we are delivering good value for money today while preparing for the needs of tomorrow.”  - Mayor Fred Eisenberger

Additional Resources

• Learn more about the 2019 Budget