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Caledon invests gas tax funds in infrastructure projects around town

November 1, 2017   ·   0 Comments

The Town of Caledon is investing millions of dollars from federal gas tax funding into local infrastructure projects.
In 2016 alone, more than $2.3 million was spent to repair bridges, fix sidewalks and restore roads.
“It’s good to know that when you fill up your gas tank, a portion of that money is helping to fund critical infrastructure, like roads and bridges, in our Town” Mayor Allan Thompson said. “I want to thank and recognize the efforts of our AMO (Association of Municipalities of Ontario) municipal partners for a successful advocacy campaign which resulted in this funding.”
“Federal gas tax funding has become an important and sustainable funding source to supplement the Town’s spending on repair and renewal of aging infrastructure,” Caledon’s General Manager of Finance and Infrastructure Services Fuwing Wong said. “An infrastructure funding deficit still exists in Caledon, so it is important that this and other funding from the federal and provincial governments continue in the future.”
Since the program was established in 2005, the Town has leveraged nearly $30 million of federal gas tax funding to support infrastructure and capacity-building projects across the Town.
The Town currently receives approximately $3.3 million in federal gas tax funds annually.
In recent years the federal gas tax funding, combined with tax-based capital funding, has been allocated to capital projects such as:
• Repairs and reconstruction of bridges on Kennedy Road, Credit Road, Winston Churchill Boulevard and McLaren Road;
• Road rehabilitation and reconstruction on Woodrow Avenue between Kingsview Drive and Hersey Crescent; the Harvest Moon Drive Roundabout; Shaws Creek Road between Charleston Sideroad and High Point Sideroad; Healey Road between Centreville Creek Road and The Gore Road; Mount Hope Road between Old Church Road and Cedar Meadows Lane; and Church Street between Wallace Avenue and Regional Road 50 in Palgrave.

         

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