More gas tax cash coming to Kamloops

It was believed the city would receive an additional $3.7 million. Now that funds are being distributed, however, the city is set to receive $3.84 million

The City of Kamloops received slightly more than initially anticipated in gas tax funding, as a result of a one-time payout this year from the federal government.

Ottawa announced in its 2019 budget additional money for municipalities.

article continues below

At the time of the announcement, it was believed the city would receive an additional $3.7 million. Now that funds are being distributed, however, the city is set to receive $3.84 million.

The funds come in addition to $1.93 million in community works funds anticipated as part of community works funds, distributed twice annually to local governments via the Union of BC Municipalities, based on a per capita formula.

The federal dollars can be used toward a variety of local projects, including roads, bridges, highways, transit and brownfield redevelopment (abandoned, vacant, derelict or underutilized commercial and industrial properties where past actions have resulted in actual or perceived contamination and where there is an active potential for redevelopment).

Money can also go toward sports/recreational/tourism/cultural infrastructure or disaster mitigation.

City corporate services director Kathy Humphrey said the funds have not yet been earmarked for any local project.

She said the city waits until it receives funds before allocating them, in case something happens (such as an election) before the money reaches city coffers.

Humphrey said the money will sit in a reserve until the next budget cycle.

© Kamloops This Week

 


KAMLOOPS WEATHER

Question of the Week POLL

Which method of learning will you choose for your kids when school resumes in the fall?

or  view results

Popular Kamloops This Week

Events Calendar

Help Us Help Kamloops. Support Local Media.

In response to the COVID-19 crisis, Kamloops This Week is now soliciting donations from readers. This program is designed to support our local journalism in a time where our advertisers are unable to due to their own economic constraints. Kamloops This Week has always been a free product and will continue to be free. This is a means for those who can afford to support local media to help ensure those who can’t afford to can get access to trusted local information. You can make a one-time or a monthly donation of any amount and cancel at any time .

NEW: For every donation of $25 or greater, we will offer a digital advertising package to the local non-profit group of your choice.

Click on https://support.kamloopsthisweek.com for more information or to make your donation.

Thank you in advance for your support.