2019 community funding and equalization grants announced28 November 2018
FREDERICTON (GNB) – Local governments and local service districts will receive more than $75 million in community funding and equalization grants from the provincial government in 2019, an increase of about $117,000 over last year.
“Our government understands this information is integral for local governments and local service districts to complete their budgets and be in a position to deliver essential services to their residents,” said Environment and Local Government Minister Jeff Carr. “Stable funding is fundamental to creating strong viable communities, and our government is committed to working with local governments to ensure they can balance their services and tax rates for the coming year.”
Local governments will have a core funding component of $13 million and an equalization component of about $53.2 million.
Local service districts will receive core funding of $2.6 million and a police equalization component of $4.4 million.
The community funding and equalization grant formula also includes a calculation for policing costs for communities served by the RCMP under the Provincial Police Service Agreement.
The list of Community Funding and Equalization Grants for municipalities and rural communities, and the list of municipal tax bases are available online.