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

Village Block Party returns to Cook Street

Sunday’s event brings vendors, entertainment and coveted dog race to Victoria’s Cook Street

BC Transit offers high school grads free bus rides

2019 grads can choose two days in June to ride for free

Greater Victoria residents among the most credit-worthy Canadians

Yet debt levels continue to rise as Canadians owe $178 for every $100 earned

Thursday sees mix of sun and cloud, high of 22 C

Plus a look ahead at your weekend forecast

BC business offers ‘clean start’ for people with employment barriers

CleanStart BC is looks to expand its Victoria staff

Kelowna toddler suffers cracked skull after fall from balcony

Neighbour who found the two-year-old boy said he has a bump the size of a golf ball on his head

POLL: Were you satisfied with the Game of Thrones series finale?

Millions gathered in front of their televisions Sunday night to watch the… Continue reading

Greater Victoria wanted list for the week of May 21

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

Crews fight fire with fire to keep blaze from northern Alberta town

The wildfire now covers some 920 square kilometres

Man in B.C. charged with murder and arson in 2016 New Brunswick death

He is charged in the death of 71-year-old Lucille Maltais, who was found inside a burned down home

Improve your life and theirs, adopt a cat from the BC SPCA

The BC SPCA holds an adult cat adoption promotion

RCMP probe if teen was intentionally hit with ski pole by mystery skier on B.C. mountain

The incident happened on March 20 on Grouse Mountain. Police are urging witnesses to come forward

Support growing for orphaned Okanagan child after father dies in highway crash

Family thanks emergency crews for assistance in traumatic incident

Pipeline protester chimes in on Justin Trudeau’s B.C. fundraising speech

The government purchased the Trans Mountain pipeline and expansion project for $4.5 billion

Most Read