December 21, 2020, by CBC News
Hamilton city council has approved a $484.4 million gross capital budget for 2021, with an emphasis on transit, roads, bridges, sidewalks and traffic.
The city release says the budget will also focus on affordable housing, the west harbour waterfront and the development of a business park near the airport.
The tax-supported capital budget means an “increase of approximately $13 per year on the average residential property assessed at $380,300,” city spokesperson Michelle Williams said in an email.
In a media release about the capital budget, Mayor Fred Eisenberger says the city knows people are hurting.
“That’s why we are holding the line on taxes as much as possible while at the same time maximizing the key capital investments in things like roads, bridges, sidewalks, transit and affordable housing which will create jobs and drive our prosperity forward,” he said.
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