FEDERAL GAS TAX AND PUBLIC TRANSIT FUND BACKGROUND Sample Clauses

FEDERAL GAS TAX AND PUBLIC TRANSIT FUND BACKGROUND. In 2005 the federal government launched the Gas Tax Fund (GTF) and Public Transit Fund (PTF) programs as a means of transferring a share of federal gas tax revenues to provinces/territories and/or municipalities for municipal infrastructure. In November 2005, Canada and Manitoba signed The Canada-Manitoba Agreement on the Transfer of Federal Gas Tax Revenues for Cities and Communities, transferring a total of $167.3 million in federal gas tax to Manitoba municipalities from 2005 to 2009. Earlier in March 2005, Canada and Manitoba entered into a separate agreement providing for a one-time federal transfer of $14.65 million for municipal transit infrastructure. The PTF is allocated to the four cities in Manitoba with transit systems – Winnipeg, Brandon, Thompson, and Flin Flon. On June 9, 2009, the Province and the Government of Canada signed the Amending Agreement to the original Gas Tax Agreement, which confirmed local governments’ gas tax allocations to 2014. The Amending Agreement transfers a total of $264.6 million to municipalities and Northern Affairs communities over four years (2010 to 2014), or approximately $66.2 million per year. This funding is provided on the same terms and conditions as under the original Gas Tax Agreement. The GTF is an outcomes-based transfer program designed to contribute to environmental sustainability in support of shared national objectives of cleaner air, cleaner water, and reduced Green House Gas (GHG) emissions. The GTF provides funding for the construction, rehabilitation and/or expansion of municipal infrastructure in seven major investment categories: • Local Roads and Bridges • Public Transit • Water • Waste Water • Community Energy Systems • Solid Waste • Capacity Building The PTF program shares similar environmentally sustainable outcomes. The PTF objective is to improve public transit service to Canadians and contribute to shared national outcomes of reduced smog forming emissions, reduced GHGs and reduced energy use. Specific outcomes include improvements to transit infrastructure, system efficiency, and ridership. The GTF and PTF agreements require all provincial and territorial governments and municipalities to report annually on how the gas tax funds are spent (an Annual Expenditure Report) and what project outcomes are achieved (an Outcomes Report). Manitoba submitted its first Outcomes Report in the fall of 2009, which covered the first four years (2005 -2008) of the GTF/PTF. This report constitutes Manit...
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