Comment 105635

By Noted (anonymous) | Posted October 25, 2014 at 20:59:37

IIRC, under the Dedicated Gas Tax Funds for the Public Transportation Program, Hamilton gets around $10-11 million in gas tax revenue annually from the province explicitly for funding public transit. Funding allocated is based on 70% transit ridership and 30% municipal population, with funding deposited into a dedicated reserve used to fund expansion of public transit in terms of capital infrastructure and operating budget funding related to levels of service.

Federally, the City is obligated to assign gas tax funds toward two of a number of eligible project categories and lock in those selections. I believe that the two eligible project categories are Roads/Bridges and Public Transit. The federal gas tax funding is distributed based on municipalities' census population as a share of the provincial population, and in Hamilton's case is worth around $31 million annually. The City’s roads program reportedly has a maintenance and re-build backlog of approximately $1.2 billion.

In Hamilton’s 2014 Capital Budget, the City spent $99 million on roads with $28 million of that coming from the federal gas tax and allotted thus through the 2018 budget, and $16 million on Transit Services (down from $26.5 million in fiscal 2013) with $3 million of that coming from the federal gas tax and allotted thus through the 2018 budget.

Permalink | Context

Events Calendar

There are no upcoming events right now.
Why not post one?

Recent Articles

Article Archives

Blog Archives

Site Tools

Feeds