City of Prague: Prague will distribute 500 million crowns to city districts for investment projects
25.02.2022 9:48 | Press Release
The capital city of Prague will provide 500 million crowns to the city districts from the investment reserve for investment projects. Funding will go to 70 projects in the fields of education, social affairs or the restoration of public space and greenery.
City Council At today’s meeting, the City of Prague approved the distribution of special-purpose subsidies in the amount of CZK 500 million for city districts. These are finances from the investment reserve, which the capital approved in the budget for this year. The amount will be divided in the same amount as in previous years. This year, increased emphasis is placed not only on the timely provision of funds, but especially on the support of actually prepared projects.
“Our goal is to provide the city districts with funds from investment reserves for projects under construction or ready for early implementation. That is also why the Prague City Council is discussing this point at the beginning of the year. One of the main priorities of Prague, which it strongly supports, is undoubtedly the expansion of education capacities in the capital, “says Pavel Vyhnánek, Deputy Mayor of the City of Prague. m of Prague for finance and budget.
In recent years, the situation with prolonged project preparations has often been repeated, resulting in a low drawdown of allocated subsidies. The capital therefore agreed to determine subsidies for projects actually prepared. The aim is for Praguers to soon see the results of positive projects and funds that they have not used in the accounts of the city districts.
The city districts sent a total of 139 applications for subsidies for specific projects in areas that are the priorities of the capital. These were education, especially increasing the capacity of primary and nursery schools, or the social field, such as the construction or reconstruction of buildings used for residential services for the elderly. However, subsidies could be obtained for projects in the field of public space and greenery and adaptation to climate change. The total amount requested by the town halls was almost 2.4 billion crowns.
City Hall In the end, the City of Prague will support 70 investment projects in city districts. he also looked to get as many of them as possible. The larger city districts of Prague 1 – Prague 22 will share 300 million crowns within 30 projects, 35 smaller town halls will receive a total of 200 million crowns for 40 events.
As in the previous year, most of the funds, namely 365 million crowns, will be used by the city districts to support education. There are a total of 41 projects related to expanding the capacity of school facilities or leisure sports and building school sports grounds.
For example, Prague 3 will receive 10 crowns from the capital for the extension of the Jeseniova primary school, and 10 million crowns for the construction of the Kunratice primary school gym.
Almost 10 million crowns will go to Satalice for the reconstruction of the Reconstruction of a Home for the Elderly. Of the public spaces, it is possible to mention Zbyslavská Park, for the revitalization of which Prague 21 will receive 6.5 million.
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author: Press Release