Guelph teachers, adults over 60 among those who can now pre-register for a COVID-19 vaccine Whatever the city doesn’t use can be placed in a reserve fund to help offset COVID-19-related costs and pressures in the years to come.“This funding for operating costs and transit means Guelph can cover COVID-related expenses without digging into our reserve funds,” said Guelph Mayor Cam Guthrie. “It’s very good news for our finances.”The city said Guelph Transit could also be eligible for up to $6.4 million after receiving $5.1 million in August 2020 to cover expenses during the fall and winter.The Ontario government is also providing up to $4.9 million to cover revenue lost by the transit system for this year.This funding can also be used to.