Thank you, Madam Chair. The operation and maintenance funding, the $49,853,000, is distributed according to the municipal funding formula. The municipal funding formula, and I will be brief, takes into consideration the total value of the municipal assets in the community and what it would cost to operate those on an annual basis. It really comes down to the assets on the ground in the community and the operational costs for those, which is all standardized right across all of the communities. Thank you, Madam Chair.
Mr. Schauerte on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 23rd, 2021. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
February 23rd, 2021
Page 2040
Schauerte
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