Funding and Asset Management
2015-2016 Municipal Funding Report including information on grants and equalization funding.
Municipal Funding report for 2016-2017, including information on grants and equalization funding.
Municipal Support Grant Funding Report for 2017-2018, including information on grants and equalization funding.
PEI municipalities with green infrastructure projects are eligible to apply for the Clean Water and Wastewater Fund (CWWF). Projects must be completed and all funds claimed by March 31, 2018. Please check with the Department to determine when new...
What is a financial plan?
A financial plan, which used to be called a budget, must be adopted by all municipalities. The financial plan contains:
an operating budget
a capital budget
a 5-year capital expenditure program, with
an asset management...
The Municipal Strategic Component of the Gas Tax program was developed to assist municipalities with funding projects that are of particular significance to the overall benefit of Municipal and Provincial Government.
The fund totals $10,310,511 and is...
The Notional Allocation component of the Gas Tax program is for incorporated municipalities on PEI which do not provide sewer or water utility services to their residents. The Province will allocate 3.33 percent of the total Gas Tax allotment to the...
The Gas Tax program is a permanent infrastructure funding program and will see municipalities on PEI benefit from $163.5 million from 2014-2024.
The new Gas Tax program funding will be divided into four major components:
Gas Tax - Direct Allocation...
The goal of the Government of PEI is to improve the quality of life for all Islanders and build the foundation for sustained long-term economic growth in the 21st century.
Through PEI Infrastructure programs, federal, provincial and municipal...
On August 16, 2018, Canada and the Province entered into a new ten-year funding agreement herein referred to as the Investing in Canada Infrastructure Program (ICIP). Funding will be made available under the following four funding streams as well as...
The Municipal Expenditure Tool was developed by the Infrastructure Secretariat and can assist municipalities with their asset management program.
What is a Municipal Growth Management Study?
A Municipal Growth Management Study can help people study the social, cultural and economic resources in an area to increase capacity, improve service delivery and promote economic opportunities. A Growth...
The Federal Government has requested all municipalities to be practicing some form of asset management by 2018 to be eligible for receiving federal funding. The Province of Prince Edward Island will be facilitating the process for all municipalities to...