Phase 3 – Reporting Clause Samples

Phase 3 – Reporting. ‌ For Phase 3 funding, municipal transit systems are required to provide two reports back to the Ministry with details of the financial impacts that are being offset by Phase 3 funding and outcomes on the use of the funds. The first report must be submitted to the Ministry by October 26, 2021 and consists of actual impacts between April 1 and September 30, 2021 and forecasted impacts between October 1 and December 31, 2021. This report is intended to provide the Ministry with an interim estimate of financial impacts and aligns with the date by which extension for use of Phase 3 funding into 2022 will need to be requested. Municipalities may request an extension to the Phase 3 eligibility period by emailing the program email account (▇▇▇-▇▇▇▇▇_▇▇▇▇▇▇▇_▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇) by October 26, 2021. The second report must be submitted to the Ministry by January 31, 2022, and will consist of actual impacts between April 1 and December 31, 2021. This reporting will confirm the actual amount of eligible expenditures incurred during the eligibility period. Should your municipality request an extension to the Phase 3 eligibility period, a third report must be submitted by January 31, 2023 to confirm the actual amount of eligible expenditures incurred during the extended eligibility period. Phase 3 interim and final reporting templates, as well as attestation forms will be provided at a later date. To establish a proper baseline for reporting COVID-19 related impacts that uses a pre-COVID-19 context, municipalities can use their pre-COVID 2020 operating budget when calculating COVID-19 related financial impacts between April 1, 2021 and December 31, 2021. This is the same baseline against which Phase 1 impacts were reported. For systems that operate both conventional and specialized services, the cumulative total impact amounts are to be shown in one reporting document.