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PETROLIA A PROUD RECIPIENT OF $539K FROM PROVINCIAL GOVERNMENT TO MODERNIZE SERVICE DELIVERY AND REDUCE FUTURE COSTS


Posted: March 20, 2019

PETROLIA A PROUD RECIPIENT OF $539K FROM PROVINCIAL GOVERNMENT TO MODERNIZE SERVICE DELIVERY AND REDUCE FUTURE COSTS

It was announced today that the Town of Petrolia will be the recipient of $539,163.00 in unanticipated funding from the Province of Ontario. 

In a letter from Minister of Municipal Affairs and Housing, Steve Clark, it is identified that, “…Municipalities play a key role in delivering many provincial services that people across Ontario rely on. Taxpayers deserve modern, efficient service delivery that puts people at the centre and respects hard-earned dollars.”  The investment is to support small and rural municipalities’ efforts to become more efficient and reduce expenditure growth in the longer term. 

The amount of funding reserved for each municipality is based on a formula, which takes in to consideration the number of households in a municipality and whether it is urban or rural.  The intent is to help modernize service delivery and reduce future costs through investments in projects such as: service delivery reviews, development of shared service agreements, and capital investments.  This unconditional funding must be used in the 2019 fiscal year.

Mayor R. Brad Loosley said, “This is excellent, unexpected news for the Town of Petrolia.  We are grateful to the commitment of the Province of Ontario to the success of small municipalities.”

Staff look forward to working together to discuss the best potential use of the one-time payment and will bring a report to Council for consideration in the future.