For Immediate Release / April 28, 2022

City Seeking and Receiving More Grants to Increase Alternative Revenue

Faced with reduced funding from traditional sources, the City of St. Albert is committed to seeking out alternative sources of revenue and funding partnerships to help minimize the extent of future tax increases for St. Albertans. This alternative revenue, and partnerships with other orders of government, is required to help fund the many programs and services the City provides its residents and businesses.
 
Over the past few years, the City has demonstrated it is a good destination for both private-sector investment and grant funding and has experienced significant success in both areas. Other orders of government are also seeing this opportunity, as showcased by the City’s successes in early 2022. 
 
In terms of grant funding, the City has been applying for more grants over the past 15 months. These efforts have been worthwhile and are realizing significant returns. From January 2021 to March 2022, the City identified and pursued 43 individual grants for which municipalities were eligible to apply. Of those, 19 are pending, six were denied and 18 were approved. These grants don’t include any ongoing capital or operating grants that are automatically provided to all municipalities 
 
In 2021, the City was successful in obtaining 12 grants totaling $1.7 million. For the first quarter of 2022, the City has obtained four grants totaling $818,000. 

“Council appreciates the ongoing efforts of City staff to identify and secure these vital alternative sources of revenue, which help fund the programs and services so valued by our community,” says Mayor Cathy Heron. “We also appreciate the generous and ongoing support of our funding providers, particularly the Government of Canada and the Government of Alberta, which provide the majority of our grant funding.”


These grants will help the City fund important projects, including the promotion of mental health and well-being, reduction in energy use, reduction in greenhouse gas emissions, employment of artists and cultural workers, regional collaboration, and celebration of volunteerism.
 
Even with these successful grants, the City still needs a significant amount of tax revenue to maintain its current level of services to the community. This reality means difficult discussions and decisions in the coming weeks and months, and the continued need for enhanced partnerships and funding mechanisms with other orders of government. In particular, the City looks forward to continuing its work with the Government of Canada and the Government of Alberta regarding housing diversification, transportation supports, and economic growth initiatives in our community and region.
 
In addition to the municipal grants described above, the City also identified 59 grants its non-profit partners could apply for and shared that information with them. These partners provide vital services for St. Albert residents and are also in need of additional funding.
 
The City’s centralized grant team is responsible for researching and evaluating potential funding opportunities, preparing and submitting applications, and coordinating all agreement reviews and approvals. The team has been instrumental in helping the City identify and secure grant funding and will continue its efforts in the last three quarters of 2022.
 

- 30 -


Related Pages

Last edited: April 29, 2022