“We’re very pleased to say that we received this amount,” said Mayor Lyn Hall at council Monday. “It’s certainly going to help us. We’ve talked a great deal about the (budget) gap we’ve been suffering, anywhere from $6 million to $7.5 million. This will be a big part of our budget deliberations in the New Year.”
The COVID-19 pandemic has hit the city hard financially to the tune of more than $1 million per cent.
In July, the federal government announced an agreement with provinces and territories on a federal safe economic restart plan that would include targeted funding for municipalities. In September, the province announced nearly $2 billion in joint federal/provincial spending to support local governments facing increased operating costs and revenue impacts due to COVID-19.
Eligible costs for the grant funding include addressing revenues shortfalls, facility reopening and operating costs, emergency planning and response costs, bylaw enforcement and protective services, computer and other electronic technology costs, services for vulnerable persons, and other related costs. As part of the grant funding program, the city will be required to report annually on the spending of grant funds until there are no funds remaining.