The City of Winnipeg’s Infrastructure Plan captures the City’s 10-year capital investment priorities, which is presented in support of the development of a multi-year capital budget. The Infrastructure Plan encompasses all civic services and proposed capital projects with a cost of over $5 million. This cost threshold applies to 45 projects with a combined total of $5.8 billion in proposed capital investments, capturing approximately 50 percent of the City’s total capital needs from 2020-2029.
The Plan is intended to be a blueprint for how the City is able to maintain sustainable and affordable service delivery for residents, by incorporating the information from the Plan into the City’s investment planning cycle and multi-year budget process on an annual basis. The following figure outlines the recommended process flow to integrate the Infrastructure Plan with capital budgeting:
The Infrastructure Plan presents a prioritized listing of capital investments that represent the most value to the City based on the cost benefit points ratio. Each capital investment is ranked according to the total cost benefit points ratio, which is a calculation involving the total capital costs and assessed benefits at the time the investment is needed and placed into service.