13.7 C
Kawartha Lakes
Monday, September 9, 2024
No menu items!
HomeNews$7.3 Million Allocated To City Of Kawartha Lakes Through The Ontario Municipal...

$7.3 Million Allocated To City Of Kawartha Lakes Through The Ontario Municipal Partnership Fund

KAWARTHA LAKES- In 2022, the Province is providing the City of Kawartha Lakes with $7,371,500 in funding through the OMPF, which is the equivalent of $184 per household.

The Ontario government has announced the 2022 funding allocations under the Ontario Municipal Partnership Fund (OMPF) today. This is the Province’s main general assistance grant to municipalities.

“Our government recognizes the importance of the OMPF to communities across the province, and we’ve heard loud and clear what our municipal partners are looking for,” said Peter Bethlenfalvy, Minister of Finance. “We are committed to making sure the OMPF continues to meet the needs of local communities, by providing stable financial support that they can count on.”

The City will receive $4,828,300 from the Rural Communities Grant Component and $2,543,200 from the Northern and Rural Fiscal Communities Grant component.

Ontario says it has been consulting with municipalities on their priorities for the OMPF. Throughout these discussions, municipal partners have stressed the importance of stability and predictability, particularly during these uncertain times. Ontario is responding by maintaining both the structure of the OMPF and the program envelope at $500 million for 2022, as committed at the Association of Municipalities of Ontario’s (AMO) annual conference in August 2021.

“Predictable and timely financial support from the Province is essential for budget planning in small and rural municipalities,” said AMO President Graydon Smith. “The early rollout of stable 2022 Ontario Municipal Partnership Fund allocations sets the stage for effective budget planning for the year ahead.”

The OMPF targets funding to municipalities facing challenging fiscal circumstances and supports areas with limited property assessment, while assisting municipalities that are adjusting to year-over-year funding changes according to the province.

 

Don't forget to sign up for our morning newsletter.

Catch up on all the local news while enjoying your coffee.

Pamela Vanmeer
Pamela Vanmeerhttps://www.kawartha411.ca/
Pamela VanMeer is a two time winner of the prestigious Radio Television Digital News Association (RTDNA) Award. Her investigative reports on abuse in Long Term Care Homes garnered international attention for the issue and won the Ron Laidlaw Award. She is a former reporter and anchor at CHEX News, now Global Peterborough and helped launch the New CHEX Daily, a daily half hour talk show. While at CHCH News in Hamilton she covered some of the biggest news stories of the day.

Most Popular

Kawartha 411