Drainage Capital Funding Increase (Supplemental 24.7)

The Drainage Capital Program is currently supported by $2.3 million of taxation funds per year. This business case recommends an increase to $4.5 million per year in 2025 to allow for asset management, the construction of additional risk mitigation projects, and to address increasing costs. Not increasing funding to the Drainage Capital Plan, would potentially defer projects ten or more years and increases the risk that a major rainfall or flood event will occur causing significant damage to infrastructure, public, and/or private property.

COST: $2,200,000 in 2025

This proposal would be funded through taxation and would have no increase on the 2024 taxation but increase the 2025 taxation by 1.45%.This is an increase of $38.89 on an average home.

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