Richmond Capital Projects Update Q3 2023

The City of Richmond has provided a financial update on its active capital projects as of September 30, 2023. The report highlights the city's progress on various infrastructure, building, parks, land, and vehicle and equipment programs.

• The approved budget for all active capital projects, excluding contingent external contribution projects, was $847.7 million, of which $377.7 million or 44.6% was spent as of September 30, 2023.
• The report provides a breakdown of the capital expenditures across different programs, including roads, flood protection, water, sanitary sewer, buildings, parks, land, and vehicle and equipment.

• Infrastructure Program:
  • Roads: $11.5 million spent, including $6.7 million on the Annual Asphalt Re-paving program.
  • Flood Protection: $8.7 million spent, including $2.5 million on Burkeville Utility Improvement projects.
  • Water: $4.9 million spent, including $3.1 million on Watermain Replacement Upgrades.
  • Sanitary Sewer: $2.8 million spent.
• Building Program: $15.4 million spent, including $4.7 million on Richmond Ice Centre Renewals.
• Parks Program: $6.3 million spent, including $2.0 million on Minoru Lakes Renewal projects.
• Land Program: $12.5 million spent on potential land acquisition.
• Vehicle and Equipment Program: $2.5 million spent, including $2.0 million on Vehicle and Equipment Reserve Purchases.