The Ontario government has announced 2023 municipal funding allocations under the Ontario Municipal Partnership Fund (OMPF). The fund primarily supports northern and rural municipalities across the province.
The Province is maintaining the program envelope at $500 million for 2023 and communicating funding allocations in advance of the municipal budget year to support municipalities with their planning processes.
The OMPF targets funding to municipalities facing challenging fiscal circumstances and supports areas with limited property assessment and 389 of Ontario’s 444 municipalities have been selected to receive funding.
The Town of Caledon will be an OMPF recipient of $594,500 according to their 2023 Allocation Notice
The Town’s Director of Finance and CFO, Myuran Palasandiran, said “We appreciate the continued support from the province to help ease the financial pressures of our residents. This funding will go directly toward the critical services Town of Caledon provides to its residents. The money is meant to support municipal budget planning and ultimately build and strengthen our province.”
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