Hydro Legacy Fund
The Hydro Legacy Fund refers to a source of revenue for the County that was established through the sale of Haldimand County Utilities to Hydro One in 2015 and the subsequent investment of the proceeds.
There are strict guidelines for how the fund can be used, as noted in the Hydro Legacy Fund Policy and Hydro Legacy Reserve Fund By-Law. Acceptable uses include, in priority order:
- Annual inflationary indexing of the principal net sale proceeds
- Contributions towards major assets/infrastructure that benefit Haldimand County
- Annual contributions to reduce the operating tax levy, not to exceed the current contribution of $300,000 approved in 2017
- Financing strategic economic initiatives/opportunities that are anticipated to have County-wide benefits through enhancements to local employment opportunities and Haldimand’s assessment base
Hydro Legacy Fund statements
The 3 most recent statements are available online. Please contact our Finance Division if you require an earlier statement.
Some financial documents may not be accessible to all users. If you require any of the above documents in a different format, please e-mail our Finance division.
Contact Us
Finance
53 Thorburn Street South
Cayuga, Ontario
Canada, N0A 1E0
