Investing in your City: Multi-Year Community Investment Plan & Future Amenities Planning
Our weekly "Investing in your City" series continues, highlighting some of the significant investments being made in Burlington and that our community will benefit from.
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The City is continuing investments through incremental annual funding for the Multi-year Community Investment Plan (2024-2029) that will include a Community Investment Fund dedicated for future strategic land acquisition and future amenities planning for things such as additional parks, community centres and other needs.In December 2024, City staff will provide a report to Council on Phase 2 of the Multi-year Community Investment Plan (MCIP). The MCIP will outline capital infrastructure needs related to master plans completed to date (including the Parks Provisioning Master Plan, Integrated Mobility Plan, Fire Master Plan, etc.), as well as land needs that may be used for some of these infrastructure developments.The MCIP will scope out known needs of the city over the next 25 years. The preliminary MCIP was presented in April 2022 (CM-03-22), and it highlighted capital infrastructure needs of approximately $300 million. It also mentioned the need for future phases to be fully inclusive of all master plans, and to understand Council priorities as staff know the projected needs will be significant and important across all areas.The MCIP is a first for the City of Burlington and it will be refined and adapted as we move through the process. It is important that funding be planned for the MCIP in the 2024 proposed budget to account for the preliminary needs defined in Phase 1, and the substantial value of capital needs that is expected in Phase 2.The multi-year community investment plan will provides future opportunities that:
- Deliver enhanced community benefit;
- Acquire of strategic lands; and
- Expand city operations & services.
By combining the City's capital infrastructure needs into a single plan will have a considerable impact on building complete communities that will:
- integrate multi-modal mobility system (cycling, walking, transit, etc.);
- create urban gathering places; and
- create more effective and efficient delivery of direct city services, such as Fire and Transit, to name a few.
It is critical to support this preliminary funding to help implement unfunded and critical master plans without impacting the City's already limited capital budget funding.For additional details, please see a previous post on 'Staff Present Details of Phase 2 of the Multi-Year Community Investment Plan to Burlington Council'.
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RELATED LINKS:
- Previous Investment Highlights:
- Investing in your City: Expanded Low-Income Tax Rebate Program
- Investing in your City: Continuing Investments in Stormwater Management, Erosion Control & Drainage Improvements
- Investing in your City: Upgrades to Burlington's Roads
- Investing in your City: Upgrades to Burlington's Parks
- Investing in your City: Upgrades to Community Centres, Arenas & Amenities
- Investing in your City: Continued Investments in Robert Bateman Community Centre
- Investing in your City: Continued Investments in Updated Skyway Community Centre & Arena
- Investing in your City: Free All-Day Transit for Seniors, Review a Free Transit for All Program
- Investing in your City: More Buses, Drivers & Updated Burlington Transit Multi-Year Accessibility Plan
- Joint Statement from Mayor & Deputy Mayor for Strategy & Budgets: Joint Statement on Burlington’s 2024 Budget: Focusing on Essentials, Frontline Services & Planning for Future Growth
- City of Burlington News Release: Burlington Council Finalizes Budget Focused on Essentials, Frontline Services & Preparing for Growth