Strategic Investments Made in Municipal Infrastructure
The provincial government was boosting recently about its ongoing support for improved municipal infrastructure.
Earlier this month, Municipal Affairs Minister Kevin O’Brien noted that the provinced made investments into 570 projects in 2012, valued at some $530 million.
The funding was made throuh the Municipal Capital Works and Multi-Year Capital Works programs.
“This funding clearly demonstrates the commitment of this government to the development of community infrastructure around the province,” O’Brien stated, adding that Budget 2012 included $130 million over two years for municipal capital works projects.
Projects undertaken in 2012 are resulting in marked improvements in municipal infrastructure, he explained, with priority given to water and sewer projects.
Announcements were also made for new civic buildings, new municipal depots, improved recreation facilities and road work in a number of areas along with important upgrades to water and waste water systems.
“We have made significant progress in addressing infrastructure demands in the province over the last several years,” he said.
Since 2008, the provincial government has invested over $625 million in municipal capital works with $174 million dedicated to multi-year projects. This investment has resulted in modernized infra- structure across the province and has improved services for residents to support the long-term sustainability, growth and development of communities, O’Brien said.
The provincial government has also maintained improved costshared funding ratios established in 2008 to benefit municipalities. For communities with populations below 3,000, the provincial will continue to invest 90 per cent of the cost of new infrastructure with the municipality providing 10 per cent; 80 per cent of the cost will continue to be covered for populations between 3,000 and 7,000; and 70 per cent of the cost will continue to be covered for municipalities with populations over 7,000.