Correspondence from I. Chong, Minister of Community, Sport and Cultural Development, Re: Strategic Community Investment Fund Letter

Strategic Community Investment Fund Letter

From: Sent: Friday, June 29, 2012 11:10 AM To: Mayor And Council Email Subject: Strategic Community Investment Fund Letter Ref: 150506

His Worship Mayor Graham Hill and Members of Council Town of View Royal 45 View Royal Avenue Victoria, BC V9B 1A6

Email: mayorandcouncil@viewroyal.ca cc: jbeauchamp@viewroyal.ca

Dear Mayor Hill and Councillors:

Strategic spending by British Columbia communities stimulates local economies, encourages growth, creates local jobs and helps offset the effects of the global economic downturn. As such, the Province of British Columbia provided an immediate $60 million of relief in March 2012 to local governments through a restructuring of the current provincial grant programs. This provides local communities with more provincial funding sooner, giving greater certainty and improved financial flexibility for the future.

The June 2012 initiative totalling $93.5 million consists of $48.5 million for the Traffic Fine Revenue Sharing Program to help municipalities enhance policing and community-based public safety programs, and $45 million for Small Community and Regional District Grants supporting local governments to provide services in areas with smaller tax bases.

For your community, the following amount(s) will be transferred to you on or before June 29, 2012.

• Small Community Grant: $332,037
• Traffic Fine Revenue: $64,750

The next three instalments of program funding will be made in March 2013 and June 2013, with the final instalment in June 2014.

As with the previous Strategic Community Investment Fund program, we expect that local governments will continue to report publicly on the use of these funds through the annual reporting requirements.

Sincerely,

Ida Chong, FCGA Minister of Community, Sport and Cultural Development