And Monday at the regular meeting of Council a motion was passed confirming that the eligibility requirements to receive the Municipal Revenue Sharing grant have been met.
“Annually, the Ministry of Government Relations provides funding to the City in the form of a revenue sharing grant. This grant is a portion of the PST collected by the Province and is distributed to cities based on population,” explained Amber Matechuk – City Controller, with the City at Monday’s meeting.
The funding requires several reports be completed, she added, including;
* Submission of the 2020 Audited Financial Statements to the Ministry of Government Relations;
* Submission of the 2020 Public Reporting on Municipal Waterworks to the Ministry of Government Relations;
* All members of council have filed and annually updated their Public Disclosure Statements, as required.
Failure to submit the annual declaration by the deadline could result in our municipal revenue sharing grant being withheld.