The Ontario government recently announced that they are allocating an additional $695 million in order to provide municipalities, including the City of Burlington, with financial relief amid the COVID-19 pandemic.
This funding will also help to ensure that they do not carry operating deficits into 2021.
The City of Burlington is one of 48 out of 444 municipalities that will receive the “full” phase 2 funding allocation and will receive an additional 2020 operating funding of $5.4 million, plus $1.9 million to help with 2021 COVID-related operating pressures.
This funding is in addition to the $2.2 million in transit-related money that was provided to assist with local transit pressures, which was also secured through the City’s phase 2 application through the Safe Restart program.
This investment will help municipalities deliver critical services during COVID-19.
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Additionally, it builds upon the first phase of the federal-provincial Safe Restart Funding Agreement announced this past summer, which is a historic partnership that secured up to $4 billion in emergency funding for Ontario’s municipalities.
“This is great news for our City. The Province listened to us. This additional funding will help us as we enter a difficult 2021 budget to maintain and enhance the services our residents expect, while keeping it affordable,” said Burlington Mayor Marianne Meed Ward.
“This will go a long way as we head into 2021.”