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$1 billion BC one-time grant to municipalities


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#1 Victoria Watcher

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Posted 03 March 2023 - 10:16 PM

On Feb. 10, 2023, government announced the Growing Communities Fund, which provides a one-time total of $1 billion in grants to all 188 B.C. municipalities and regional districts.

 

Grants will be distributed using a formula that incorporates an initial $500,000 per municipality or district, and further adjustments for population size and per-capita population growth between 2016 and 2021, based on BC Stats data. This method considers the impacts of service and amenity demands on smaller and rural communities and the additional pressures experienced by faster-growing communities. Grants will be distributed to local governments by the end of March 2023.

 

 

https://news.gov.bc....PREM0015-000254

 

 

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Edited by Victoria Watcher, 03 March 2023 - 10:23 PM.


#2 Mike K.

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Posted 04 March 2023 - 08:14 AM

That should help Langford’s financial situation, considering it’s growth rate will give it the largest grant in the CRD, and with half the population of the City of Victoria, it’s growth will net it a grant nearly 30% larger.

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#3 Victoria Watcher

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Posted 04 March 2023 - 08:22 AM

That should help Langford’s financial situation, considering it’s growth rate will give it the largest grant in the CRD, and with half the population of the City of Victoria, it’s growth will net it a grant nearly 30% larger.

 

 

 

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#4 Mike K.

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Posted 04 March 2023 - 08:24 AM

Well, if Langford’s budget math is calculated by the same people who think 750 residents live in Langford highrises, we might be alright!
  • Nparker and Victoria Watcher like this

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