The condition of Winnipeg roads and buildings gets a passing grade and the infrastructure debt has dropped.
The State of The Infrastructure report released Friday gave the city a B-minus grade, saying just over half of our roads are in good condition, while 40 per cent are fair to very poor.
Municipal properties got the worst grade, a D, saying that the majority of these buildings are past their useful life, but would cost over half a billion to replace… and the city has nothing in its budget to do so.
Community services also got a less than impressive C-minus grade, saying that insufficient investments have led to the deterioration of a lot of assets and that existing facilities are not equally distributed geographically.
The overall infrastructure deficit in Winnipeg is $6.9 billion, according to the report.
The $6.9 billion represents the difference between the amount needed to fix the city’s infrastructure and the amount the city expects to collect in the next 10 years.
That number is down from $9.9 billion in 2009.