Municipality of Cumberland approves capital budget for 20/21
Municipal Council approved a $4.5M capital budget for the 2020/2021 fiscal year during a teleconference meeting April 1, 2020.
“We recognize we need to plan for the future for our residents, while being mindful of current world events, “explained Warden Allison Gillis. “This year’s capital budget is more modest than previous years, due largely to the current global pandemic. Our Council does not wish to place a financial burden on our residents, but we do want our residents to know we are diligently working on capital projects to better serve our communities.”
The largest project in the capital budget is Cumberland-Colchester Rural Broadband at $800,000. This is a three-year project in partnership with Colchester County to bring highspeed
internet to virtually all households and businesses in both counties, with work to begin this
The next largest project is Community Buildings Solar Installation at $795,000. The Cumberland Energy Authority secured power purchase agreements through the Province and NSPower to have electricity-generating solar panels installed at the Springhill Water Treatment facility, the Springhill Wastewater Treatment facility, and the Parrsboro Wastewater treatment facility. Each of these projects will generate approximately 115,000 kWh per year of energy, paying for itself in energy savings within 10 years and significantly offset the greenhouse gas emissions at each facility.
Other projects greenlighted in the capital budget focus mainly on project readiness, infrastructure renovation and replacement. A full list can be found here.