Proposed capital projects

The City has two types of budget expenses: operating and capital. Our operating budget covers spending related to Port Moody’s day-to-day operations. The City’s capital budget funds larger, longer-term projects, mostly related to maintaining, upgrading, and replacing the City’s infrastructure and facilities.

Here are some of the capital projects proposed in the 2023-2027 Draft Financial Plan:

  • Water Network Infrastructure Asset Renewal Program
  • Major Road Network (MRN) Road Rehabilitation Program
  • Ioco Road corridor reconstruction (infrastructure)
  • Ioco Road corridor reconstruction (water)
  • Local Road Network (LRN) Road Reconstruction Program
  • Stoney Creek sanitary sewer rehabilitation
  • Alderside foreshore sanitary sewer assessment
  • Storm Drainage Capital Infrastructure Program
  • Recreation Complex Arena 1 dressing rooms
  • Works Yard building envelope replacement

The projects listed above represent nearly 54 per cent (or $10 million) of the proposed capital budget. You can read the full list of proposed capital projects in the Draft Financial Plan.

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