CRD announces $777M budget for 2024

By Sidney Coles  Local Journalism Initiative Reporter The Capital Regional District (CRD) has unveiled its financial plans for 2024, totaling a significant $777M. The consolidated budget encompasses allocations for the CRD, Capital Region Hospital District (CRHD), and the Capital Region Housing Corporation (CRHC), aimed at delivering essential services for over 450,000 residents across the region. Of this budget, $431M is designated for operating expenses, funding a diverse range of regional, sub-regional, and local services. The remaining $346M is earmarked for capital investments in various projects crucial for the region’s development and infrastructure enhancement. New funding for supportive housing approved After receiving feedback from the public on the provisional budget approved in October, several adjustments were made to the final plan. These include a one-time funding increase for the Alliance to…

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