The City of Burnaby has set aside $7 million to buy and develop land for the coming year.
More than $2.5 million is budgeted for outstanding work order commitments, with the rest for future purchases and development, according to a report from the city's director of finance, Denise Jorgenson.
The money comes from the capital works machinery and equipment reserve, which includes the corporate and tax sale land reserve.
The reserve funds are for property to round out municipal subdivisions, and to buy and develop land for the city as needed, according to the report.
