Mount Pearl Passes $58-million Budget
The City Of Mount Pearl has passed a $58-million budget.
The budget represents 1 per cent growth over the 2017 operating budget. It focuses on strict cost containment, while also ensuring the most effective delivery of municipal services.
Mayor Dave Aker said, “a priority for this budget was to get back to basics – to focus on the most important municipal programs and services, and provide them to our residents and businesses at the highest standard.”
The City will focus on reinvesting in snow clearing operations and fleet.
Infrastructure improvements are planned for various streets throughout the City, including: Fourth Street, Glendale Avenue, Commonwealth Avenue, Blackmarsh Road, Topsail Road, Second Street, Bradley Place, St. David’s Avenue, Sunrise Avenue, Dunn’s Road, and Roland Drive. This brings the total cost of ongoing capital and infrastructure projects to $34,000,000; $12,200,000 of that will be spent in 2018.
In 2018, mil rates will remain unchanged, as well as rates and fees for municipal development permits, licenses, and recreational programs.
Additional highlights of the budget include:
A strong debt ratio of 7.5%, which continues to be one of the strongest in the province and sets the City in place for a resilient future;
A capital project for sewer separation to guarantee that sanitary and storm sewer lines flow to appropriate areas. This has environmental advantages and also minimizes the cost of treatment for wastewater;
The continuation of the watershed management plan for the Waterford River, in conjunction with the City of St. John’s and the Town of Paradise. Phase 2 of this plan will begin in 2018. The Rotary Club of Waterford Valley is a non-government partner in this project;
The continuation of the senior citizens’ 20% property tax discount for those in need and the continuation of an interest exemption for all senior citizens who remain current with their tax payments. The low income earner deferral will be based on taxable income as opposed to net income, which will open up the program to more citizens who need help.