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Woodstock City Budget Proposed for 2017

Friday, 18 November 2016 05:46

Woodstock City Council has started hammering out a budget for 2017.

WOODSTOCK - Woodstock City Council got its first look at a possible budget for 2017.

Woodstock's CAO David Creery and Treasurer Patrice Hilderley presented a proposed capital budget of $22,254,000 to council at their recent meeting.

Creery tells Heart FM each year they have to find ways to funds projects that are considered to be "state of good repair".

"Whether it's our road assets or our building assets there are projects that are in the system that come forward that need attention and need funding. We take those projects first, we apply the financing that we have available, and we try to balance the needs against our financial resources."

City staff also try to find ways to fund certain additional projects that are not considered to be state of good repair.

Mayor Trevor Birtch says council will be discussing the draft budget next week.

"We have so many exciting things going on and that growth requires this investment in roads and infrastructure. We also talk about recreation and other aspects within that capital program."

The budget meeting will take place at city hall on Tuesday November 22nd at 5 p.m. and will be open for the public to attend. Council will approve an official budget for 2017 on December 15th.

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