CBT to Pilot Innovative Funding Approach

The Columbia Valley, from Spillimacheen to Canal Flats, will receive $200,000 a year for three years from Columbia Basin Trust (CBT), which it will use to fund valley-wide priorities. The funds will be administered through the Regional District of East Kootenay (RDEK).

This is a new way for CBT to deliver funds within the Basin. The goal is to put decision making into the hands of sub-regions, or groupings of communities, where they can be more strategic and think longer-term, allocating funds where they will be most effective.

“We’re pleased the residents of the Columbia Valley are ready to work in this way,” said Garry Merkel, CBT Board Chair. “We’ve been talking to communities over the years about ways to support communities to make their own decisions about their priorities. This is not new funding; it is another way to access existing funds that will support people across community boundaries to work together to shape their futures.”

“We now have a committee consisting of elected RDEK directors and community members from the Columbia Valley, coordinating the planning for the use of these funds,” said Wendy Booth, Chair of the Columbia Valley Community Directed Funds Committee and RDEK Electoral Area F Director. “After comprehensive consultation to set valley-wide priorities, we will be allocating funds to appropriate projects. It’s a great opportunity to work collaboratively toward common goals for the valley.”

Anyone interested in this new approach can find out more by contacting the local CBT community liaison (www.cbt.org/contact or 1.800.505.8998).

Advertisements
Posted in Columbia Basin Trust. Tags: . Comments Off on CBT to Pilot Innovative Funding Approach
%d bloggers like this: