More than a dozen local streets are seeing work thanks to this year’s increase in property taxes, says the City of Winnipeg.
Earlier this year, the City of Winnipeg created the Local Street Renewal Reserve, with a one percent property tax increase dedicated to the fund. As a result, an additional 17 local streets and four back lanes were added to the repair list this year, said the city.
The city also said they may consider raising property taxes by one percent yearly for the reserve fund if the province and the feds don’t pony up more money for infrastructure.
“The Local Street Renewal Reserve is allowing the city to rehabilitate several streets this year that otherwise would have had to wait,” said Councillor Dan Vandal, Chair of the Standing Policy Committee on Infrastructure Renewal and Public Works.
“We are planning for the future. If council chooses to adopt this plan on an annual basis, we will begin to see real progress and a noticeable improvement in our city’s local streets and back lanes.”
