With an investment of over $37-million, the Grand River Conservation Authority have officially approved their new 2024 budget.
AYR/KITCHENER/BRANT COUNTY - The Grand River Conservation Authority have officially approved their 2024 budget.
This will include an investment of just over $37-million on programs that protect life and minimize property damage from flooding and erosion.
The GRCA board, made up of 26 members appointed by the municipalities in the Grand River watershed, approved the budget on Friday, February 23.
The budget includes specifics on major maintenance for their water management infrastructure as well as implementing a drinking water source protection plan.
GRCA Chair, Chris White, says that this new budget marks a significant milestone for development.
“This is the first year that the GRCA is implementing the new budget framework resulting from amendments to the Conservation Authorities Act that have occurred over the past several years."
The GRCA expects to generate about 49 per cent of its own revenue, with municipalities contributing about $13.3 million towards the budget, roughly accounting for 36 per cent of the total.
Other federal, provincial and municipal government grants totaling just under $3.4 million represent nine per cent of the budget.
White says that their focus remains focused on the overall progression and sustainability of the watershed.
“While the format has changed, the budget continues to focus on responsible delivery of our programs and services and supports our strategic priorities and shared vision of a healthy watershed.”
Full details of the GRCA 2024 Budget are provided in the February 23, 2024 board report.
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