Colwood City Hall (Black Press file photo)

Colwood wins award for Sustainable Infrastructure Replacement Plan

Plan wins Award of Excellence in Government Finance

The City of Colwood’s Sustainable Infrastructure Replacement Plan has earned the city an Award of Excellence in government finance.

The city and city staff’s innovative approach to improving the public’s financial awareness through its financial practices documented in the plan earned it top marks.

The Sustainable Infrastructure Replacement Plan provides Colwood council and the public with a with a comprehensive outline of city infrastructure like roads, parks, natural assets, sewer and storm systems, buildings and vehicles. It also provides an outline of the annual costs to keep infrastructure in working order.

READ MORE: No new sewer fees coming to Colwood in 2019

“Council is extremely proud of our award-winning staff who consistently go above and beyond to implement outstanding, forward-thinking financial practices,” said Colwood Mayor Rob Martin. “The clear and creative presentation of complex financial information makes it easy for residents to learn about and provide input into the responsible management of tax dollars in our community.”

READ MORE: Colwood city budget recognized for award

The plan creates stable and predictable tax rates, avoids added debt servicing costs, takes advantage of investment returns and supports the community’s resilience to change.

The Sustainable Infrastructure Replacement Plan was written by director of finance Christopher Paine with support from all city departments.

shalu.mehta@goldstreamgazette.com


Like us on Facebook and follow us on Twitter

Colwood

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Wheelchair user asks people to leave space on sidewalks to socially distance

Wendy Cox says many people are not stepping off the sidewalk to allow her space

COVID-19: Victoria moves homeless into 35 hotel rooms across the city

Mayor pleads with residents to stay inside during pandemic

Victoria brewery uses 3D-printer to make face shields for health care workers

Phillips Brewing is teaming up with engineers to create single-use medical equipment

Victoria street nurse thanks public for outpouring of donations

Businesses and individuals donated gloves, masks, sanitizers and more to frontline workers

MISSING: 26-year-old woman Shorene Jones

Victoria Police are looking for a woman last seen on March 25

B.C. records first at-home death from COVID-19, but 70+ hospital patients have recovered

Total of 970 novel coronavirus cases in B.C., with the majority in the Lower Mainland area

COVID-19: A message from the publisher

We will be making some changes to our print editions during these unprecedented times

Canada expands 75% wage subsidy to COVID-19 affected businesses of all sizes: Trudeau

Program will provide up to $847 per week for each worker

Pay parking suspended at B.C. hospitals due to COVID-19

Temporary free parking reduces need for keypads, contact

Helping those at risk, one piece of paper at a time through ‘isolation communication’

Simple paper tool during pandemic making its way across Canada thanks to social media.

‘Back to school, in a virtual way’ for B.C. students in COVID-19 pandemic

Province adds online resources to help parents at home

Canadian ferry operators call for inclusion in COVID-19 travel restrictions

Domestic travel restrictions should include ferries, operators say

Canadian COVID-19 round-up: Air Canada cuts 15,000 jobs, 90% of flights

Comprehensive Canadian news update as of 2:30 p.m., Monday, March 30.

Most Read