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

Just Posted

Sidney could take additional action around speculation tax

Council to consider steps later this fall after staff review of provincial statistics

Victoria People’s Party candidate says campaign signs stolen around city

PPC candidate Alyson Culbert says she finds theft ‘disturbing’

VIDEO: Greater Victoria, here’s the news you missed this weekend

Andrew Berry trial nears end, Victoria joins tree-planting pledge and more

Three second-half goals lead Cavalry over Victoria’s Pacific FC

Cavalry FC downed Pacific FC 4-1 on Sunday in Canadian Premiere League action

Island music trivia tournament a hit on World Alzheimer’s Day

More than $13,000 raised by people naming that tune

PHOTOS: Steller sea lion with plastic around neck rescued on Vancouver Island

Rescue staff determined the plastic band cut the protected animal’s neck approximately two inches

B.C. VIEWS: School officials join fact-free ‘climate strike’

Students, public get distorted picture of greenhouse gases

Handgun crackdown, health spending and transit plans latest campaign promises

Friday was the end of a busy week on the campaign trail

B.C. woman photographs massive ant swarm on Abbotsford driveway

She asked what the ants were doing? The answer: war

Iconic 90s TV show ‘Friends’ celebrates 25th anniversary

The iconic, decade-long television show aired its first episode 25 years ago today

Most Read