Oshawa Secures Fire Truck Funding After Speed Camera Program Ends
The City of Oshawa has successfully secured Oshawa Fire Truck Funding following the cancellation of Ontario’s speed camera program. Originally, the revenue from speed camera tickets was intended to cover the cost of three new fire trucks. With that program ended, the city explored alternative funding options.
City staff recommended using internal debt to fund the purchase, ensuring that the replacement trucks are ordered on time. Nearly $5.25 million is required for two pumper trucks and one rescue truck. This timely action guarantees the safety of Oshawa residents by maintaining the city’s emergency response readiness.
“The Oshawa Fire Truck Funding allows us to stay ahead of schedule despite the unexpected loss of revenue from speed cameras,” said Coun. Jim Lee, noting the importance of adhering to the regulated life cycle of fire trucks.
The interfund loan will be repaid over ten years, with annual payments of approximately $645,545. The city will also recoup some costs when current trucks reach the end of their life cycle and are sold at auction.
City council will review further details at their meeting on Monday, Feb. 23, ensuring that the Oshawa Fire Truck Funding plan is fully implemented to keep the community safe.
