At the end of June, the COVID-19 crisis will have cost Niagara Region nearly $50 million dollars.
The financial projections, released by the region on Tuesday has led to all 12 municipalities banding with the regional chair to request financial support from the senior levels of government.
"This funding is essential to ensuring the continued provision of various programs and services, as well as limiting the financial impact on property taxes for years to come," a statement said.
The region said municipalities have been economically sidelined by costs relating to PPE, enhanced cleaning, media advertising, screening, and emergency shelters.
Costs have also increased through required overtime, staff redeployment, and a $4/hour increase for some front-line positions.
A loss in revenue from facility rentals, transit fares, child care fees, and traffic infractions have also contributed.
During the pandemic, the region and local municipalities have been forced to temporary layoffs, deferred seasonal services, and reduced museum and library operating grants.
However the region is still anticipating a net deficit.
"The financial effects of COVID-19 on municipalities is significant and will likely have a lasting impact for some time. As a fulsome picture of what the ‘new normal’ will look like comes into focus, I am confident that the Region will continue to work in close partnership with all 12 municipalities to ensure we are speaking with one voice to decision-makers in Toronto and Ottawa. While these are challenging times, I am confident we will emerge on the other side a stronger and more resilient community," said regional chair Jim Bradley.
