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 Draft 2026-2030 Financial Plan:
- Sewer Capital Infrastructure Program (linear and non-linear);
- Water Network Infrastructure Asset Renewal Program (linear and non-linear);
- storm drainage improvements (Moody Centre);
- Local Road Network (LRN) Road Reconstruction Program (paving for Falcon Drive and McGill Drive);
- Major Road Network (MRN) Road Rehabilitation Program (paving for Ioco Road as part of the Ioco Road Utility Upgrades Project);
- Inlet Centre Firehall – replace boilers with air-to-water heat pump;
- Fleet renewal including a garbage truck, street sweeper, and tandem axle dump truck (also used as a snow plow).
The projects listed above represent nearly 46 per cent (or $12.4 million) of the proposed capital budget. You can read the full list of proposed capital projects in the Draft 2026-2030 Financial Plan.
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