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FIN-19-039 - Additional Federal Gas Tax Funding Allocation
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FIN-19-039 - Additional Federal Gas Tax Funding Allocation
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Last modified
5/3/2019 8:47:00 AM
Creation date
5/3/2019 8:46:58 AM
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Reports
Department Name
Financial Services
Date of Report
4/5/2019
Date of Meeting
5/13/2019
Document Relationships
FCS Agenda - 2019-05-13
(Message)
Path:
\Public Access Folders\Agendas\Standing Committees - 02-01-243\Fin & Corp Serv\2019
FCS Minutes - 2019-05-13
(Message)
Path:
\Public Access Folders\Minutes\Standing Committees - 02-01-241\Fin & Corp Serv (2001-Pres)\2019
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Federal Funding Available to Ontario Municipalities <br />Funding Ontario AnticipatedKitchener <br />StreamPortionKitchener PortionEligibility <br />Federal Gas Tax$820 million$7 millionConfirmed <br />Public Transit$8.3 billion$0Not eligible <br />Green Infrastructure$2.8 billionTo be determinedLikely <br />Community, Culture & Recreation$407 millionTo be determinedLikely <br />Rural & Northern$250 million$0Not eligible <br />The remainder of this report outlines the eligible areas for Federal Gas Tax investment and <br />providesoptions for how the additional funding could be allocated. <br />REPORT: <br />How Federal Gas Tax Can Be Spent <br />As noted in a recent report to Committee(FIN-19-031 Additional Federal Gas Tax Funding), the <br />City is anticipating an additional $7 million of Federal Gas Tax based on the 2019 Federal Budget <br />announcement. These funds can be used for a number of eligible categories including: <br />public transitshort-line rail <br />wastewater infrastructureshort-sea shipping <br />drinking waterdisaster mitigation <br />solid waste managementbroadband and connectivity <br />community energy systemsbrownfield redevelopment <br />localroads and bridgesculture <br />capacity buildingtourism <br />highwayssport <br />local and regional airportsrecreation <br />4 - 2 <br />
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