M.D. of Bonnyville passes 2020 interim budget
The M.D. of Bonnyville has passed its 2020 interim budget.
During the M.D.’s committee meeting on Wednesday, the M.D. reviewed the final draft of the budget and passed the interim budget.
The operating budget is tabled at $87.2 million and the capital expenses total $57.5 million.
In the capital budget, $37.7 million is set aside for roads, streets, walks and lighting projects, $7.8 million for parks and $3.3 million for Kinosoo Ridge Ski Hill.
More details will come on how much will be spent for specific projects.
The budget is part of a financial plan that M.D. council will look at in January.
Just over $20 million is carried over from unfulfilled projects that were budgeted in 2019.
The mill rate is yet to be set.
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