| September 15, 2009 More Than $1.1 Million Invested in Shuswap Communities SALMON ARM – The provincial government is supporting local government operations with $1,137,670 to Shuswap communities. “The support provided by the Strategic Community Investment Fund is really valuable to Shuswap communities,” says Shuswap MLA George Abbott. “These funds go a long way to helping maintain and replace local infrastructure as well as providing essential services, and that is important to the well-being of our residents.” Recipients of the Strategic Community Investment Funds are as follows: Small Community Grant: • $238,867 to the City of Armstrong • $236,759 to the Township of Spallumcheen • $209,505 to the City of Enderby • $186,176 to the District of Sicamous • $102,494 to the City of Salmon Arm Traffic Fine Revenue Sharing: • $89,186 to the City of Salmon Arm Regional District Grant • $74,683 to the Columbia Shuswap Regional District This is the second of three payments from the Strategic Community Investment Fund, a two-year, $232-million initiative consisting of the Traffic Fine Revenue Sharing Program and Small Community and Regional District Grants. Communities received a first payment in Spring 2009 and will receive a third payment in early 2010. Through the Traffic Fine Revenue Sharing Program, the province has provided 100 per cent of net traffic fine revenues to local government since 2004. Traffic fine revenue comes from fines on violation tickets, with a municipality receiving an amount based on its contribution to the total cost of municipal policing. The Small Community and Regional District Grant allocation is calculated based on population and assessment. -30- | |
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