Annual report on CBT

Organization focuses on evolving to better empower Basin communities.

The Columbia Basin Trust’s annual report theme, Evolving and Empowering, reflects how CBT has recently evolved by placing more resources in the hands of communities, supporting them as they make their own choices on issues that affect their futures and empowering them to see those choices result in positive outcomes.

This approach allows CBT to be more strategic in how it supports communities in their efforts to address priorities.

“We’ve always had programs and initiatives that place decision making in the hands of communities, but have recently been expanding this approach to other areas,” said Greg Deck, CBT board chair. “We continue to look at implementing this approach wherever it makes sense, and are eager to get more communities on board.”

The annual report reflects CBT’s performance for the year ending March 31, 2013, and details its financial investments, spending, and program and initiative activities.

In 2012/13, CBT returned a record $19.3 million in funding benefits to Basin communities—11.6 per cent higher than in the previous year. Total revenues were $25.7 million, an increase of $2.7 million over 2011/12, primarily due to greater revenue from two of CBT’s power project facilities.

“Our ability to deliver benefits to the Columbia Basin is attributable to CBT’s strong financial position,” said Neil Muth, CBT president and CEO. “We expect this strength to continue in the coming years.”

The annual report is posted online at www.cbt.org/annualreport.

 

2012/13 highlights

In 2012/13, CBT returned a record $19.3 million in funding benefits to Basin communities—11.6 per cent higher than in 2011/12-including the following programs and initiatives:

• Water and Environment Initiatives $6,211,000

• Social Initiatives $5,523,000

• Community Development Initiatives $3,583,000

• Economic Initiatives $2,754,000

• Youth Initiatives $1,206,000

 

Over the course of the year, CBT:

• continued Community Directed Funds, which supports communities as they make their own choices on issues that affect their futures and empowers them to see those choices result in positive outcomes;

• continued Community Directed Youth Funds, a six-year, $2.25-million program in which communities receive $100,000 over four years to increase activities, opportunities and services for youth;

• continued the Social Grants Program, a three-year, $3-million program that provides grants to projects that support social well-being and address social issues;

• committed $3 million to the Kootenay-Koocanusa Fish and Wildlife Program, which will help protect and enhance fish, wildlife and habitats in and around Koocanusa Reservoir and its tributaries;

• contributed $560,000 to College of the Rockies toward purchasing the latest mining haul truck simulators, which will enable Basin residents to train to work in the Kootenays’ thriving mining sector;

• had the first call for proposals under the three-year, $10-million Affordable Rental Housing initiative, a partnership with BC Housing;

• delivered the first year of a $4.5-million, three-year commitment to the student wage subsidy programs School Works and Summer Works;

• supported projects that help maintain or enhance environmental conditions and provide educational information in and around their communities with $1 million through the Environmental Initiatives Program; and

• made progress on laying a foundation for bringing broadband to the Basin through the Columbia Basin Broadband Corporation, a CBT subsidiary created to develop a world-class open-access broadband network across the Basin.

 

 

 

 

Just Posted

What’s Up: Things to see and do on Family Day

There’s plenty of fun to be had across the West Kootenay this coming long weekend!

Province announces $23 million for upgrades at Kootenay Boundary Regional Hospital

West Kootenay-Boundary Regional Hospital District Board has yet to review the provincial proposal

Call a foul on cancer with the Pink Whistle Campaign

Local basketball referees are raising money for cancer research

UPDATE: Two-car accident closes Highway 3A at Thrums

Road expected to open for single-lane alternating traffic at 2 p.m.

Trail Curling Club set for BC senior championships

Volunteers step up for BC Senior Curling championships at Trail Curling Club

B.C. students win Great Waters Challenge video contest

Video, mural and song about saving the salmon claims the top prize

Disgraced ex-Congressman Anthony Weiner released from prison

He was convicted of having illicit online contact with a 15-year-old North Carolina girl in 2017

B.C. communities push back against climate change damages campaign

Activists copying California case that was tossed out of court

B.C. VIEWS: Power politics wins over rational energy policy

B.C Hydro continues to face interference on rates

PR firm suspends contract with former B.C. premier amid groping accusation

Edelman says in a statement that Campbell has served as a special adviser to the firm since last July

James says B.C. budget puts priorities on NDP’s poverty, environment plans

She said she expected the government’s poverty reduction and climate change strategies to be priorities in the budget

PHOTOS: Day 1 of the 2019 Canada Winter Games in Red Deer

Games kicked off in Red Deer this week

Most Read