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HomeMy WebLinkAboutFIN-2022-312 - Grant Update - 2020 & 2021Staff Report r NJ :R Financia( Services Department www.kitchener.ca REPORT TO: Committee of the Whole DATE OF MEETING: June 20, 2022 SUBMITTED BY: Ryan Hagey, Director of Financial Planning & Reporting, 519-741-2200 ext. 7353 PREPARED BY: Ryan Hagey, Director of Financial Planning & Reporting, 519-741-2200 ext. 7353 WARD(S) INVOLVED: All Wards DATE OF REPORT: June 9, 2022 REPORT NO.: FIN -2022-312 SUBJECT: Grant Update - 2020 & 2021 RECOMMENDATION: For information REPORT HIGHLIGHTS: • The purpose of this report is to provide Council with requested information regarding grants for the past two years. • During 2020 & 2021 the City of Kitchener received or was approved for $117M of external grant funding • This report supports the delivery of core services. BACKGROUND: During a previous meeting, Council asked staff for information related to the City's grant applications. This report includes information regarding grants for 2020 & 2021, and is anticipated to be an annual report to Council going forward. REPORT: Due to the diligence and efforts of staff across the organization to identify and apply for grants, during 2020 & 2021 the City of Kitchener received or was approved for $117M of external grant funding. Nearly half of this funding ($50M) relates to a single grant, the Disaster Mitigation and Adaptation Fund (DMAF) which will be received over a number of years to help the City improve its resiliency to climate change. Other large grant amounts include: • $21.6M in Canada Community Building Funding (formerly Federal Gas Tax) towards City capital projects • $20AM in Safe Restart & COVID-19 Recovery funding to offset the impacts of the pandemic • $17.9M in Community, Culture, and Recreation funding for the Aquatics Centre at RBJ Schlegel Park *** This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. Page 62 of 64 In addition to the funding highlighted above and in the attached schedule, the City also supports grant applications for related organizations such as Centre in the Square and THEMUSEUM. STRATEGIC PLAN ALIGNMENT: This report supports the delivery of core services. FINANCIAL IMPLICATIONS: Grant funding received from other levels of government or other third party organizations help reduce the cost to the City to provide valued programs and services to its citizens. Without these grants, the City would have to consider other options such as: • Increasing tax/user rates • Reducing project scope • Cancelling projects COMMUNITY ENGAGEMENT: INFORM — This report has been posted to the City's website with the agenda in advance of the council / committee meeting. PREVIOUS REPORTS/AUTHORITIES: There are no previous reports/authorities related to this matter. 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