HomeMy WebLinkAboutFND-002-02
UNFINISHED BUSINESS
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REPORT
FINANCE DEPARTMENT
Meeting:
COUNCIL
Date:
MONDAY, JANUARY 28, 200~LI
FND-002-02 File #:
Resolution #i.
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Report #:
By-law #:
Subject:
TRANSIT FUNDING
Recommendations:
It is respectfully recommended to Council the following:
1. THAT Report FND-002-02 be received;
2. THAT the Region of Durham be requested to make available to the Municipality
of Clarington its share of the 2001 redirected GO Transit municipal funding for
Clarington's local transit initiatives; and
3. THAT the Region of Durham be requested to redirect future transit savings at the
Regional level to support ongoing local transit initiatives.
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Submitted by: .'
N'ancy . ay , . A, CA
Director of Finance
Reviewed bYO~~
Franklin Wu
Chief Administrative Officer
NMT/hjl
1501
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-REPORT NO.: FND-002-02
PAGE 2
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BACKGROUND
1.0 On September 27,2001, the Province of Ontario announced that an operating
authority will be established to take responsibility for 100 percent of GO Transit's
operating and base capital funding. These costs were being funded in part
through the property tax base as part of the Regional levy. The Province has
indicated that municipalities are expected to commit their released municipal levy
funds to support local transit priorities. As a result of the announcement, the
Region of Durham incurred savings in 2001 and will have this portion of their
base levy available for transit priorities in the future.
1.1 It is currently an initiative in Clarington to provide local transit services to the
residents. Avenues are being explored to determine the most cost effective and
efficient way of providing this service.
CONCLUSION
2.0 As a result of the change in funding for GO Transit, there is now an opportunity to
provide local transit services in an effective manner. It is therefore
recommended that Council request the Region of Durham to make available to
Clarington its share of the 2001 redirected GO Transit municipal funding in a
timely manner in order that the transit initiative can proceed. It is also
recommended that the future transit savings at the Regional level also be
redirected to the local level in order to support future transit costs.
Interested party to be advised of Council's decision:
The Regional Municipality of Durham
P.O. Box 623
605 Rossland Road East
WHITBY, Ontario
L1N6A3
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
40 TEMPERANCE STREET, BOWMANVILLE, ONTARIO L 1 C 3A6 T (905)623-3379 F (905)623-0608
1502