20°c A few clouds
7°c Sunny
Winnipeg Free Press - ONLINE EDITION
City likely to post $5.4-M surplus: CFO
The City of Winnipeg is on course to post a modest budget surplus at the end of 2012, according to the latest financial status report from the chief financial officer.
According to figures from the end of August, the city is on track to post a $5.4-million surplus on its $900-million operating budget for 2012. End-of-August figures usually point to a modest deficit that is later erased.
This year’s surplus forecast comes on top of a pair of significant transfers the city already intends to make: $4.7 million to the snow-clearing reserve and $2.4 million to an insect-control reserve.
The city wound up with unspent snow-clearing funds this year because last winter was mild. Similarly, there was no need to spray for adult mosquitoes this summer.
Fact Check
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
More Latest News
- Back to Top
- Return to Latest News
Poll
Most Popular Latest News
- Man dies after being pulled from vehicle submerged in Winnipeg retention pond
- Grocer Joe Cantor dies at 88
- Winnipeg woman camps out in front of legislature to protest child welfare
- New owner for lumber stores
- Peeping Tom portrayed as sexual deviant in court
- 87-year-old woman tells jurors, 'Somebody had to stand up to' Donald Trump
- Famous city grocer loved job, customers
- Man killed after test drive a regular guy, and it cost him his life: widow
- Man shot to death in Fla. while being questioned in Boston Marathon bombing investigation
- Housing slowdown to worsen, cost 150,000 jobs, says mortgage group
- 87-year-old woman tells jurors, 'Somebody had to stand up to' Donald Trump
- Man dies after being pulled from vehicle submerged in Winnipeg retention pond
- Aboriginal leader Elijah Harper dies
- Woman killed in head-on crash in southwestern Manitoba
- Horrific crash kills minivan driver near Brandon
- Charleswood deaths being investigated as domestic incident
- Grocer Joe Cantor dies at 88
- Rainfall warning issued for southern Manitoba
- Winnipeg woman camps out in front of legislature to protest child welfare
- Crushing blow for amateur sport
- Seattle man dribbling soccer ball to Brazil killed by car on Oregon Coast
- 87-year-old woman tells jurors, 'Somebody had to stand up to' Donald Trump
- Man dies after being pulled from vehicle submerged in Winnipeg retention pond
- Driver crashes into tree near golf course
- Arrests made after raids on local head shops
- Aboriginal leader Elijah Harper dies
- News of city's $17-million winner leaks out on FB
- Passengers from diverted flight to leave Winnipeg Thursday night
- No threat from bag found at Winnipeg Square
- Susan Griffiths dies in Switzerland
- New owner for lumber stores
- Grocer Joe Cantor dies at 88
- Famous city grocer loved job, customers
- Developers to unveil plans for bold downtown tower
- Order of Manitoba recipients announced
- Paying bills and consumer consumption hurting Canadians' ability to save: study
- MP Bruinooge says Bill 18 could infringe on religious freedoms
- Elijah Harper: The humble man who said no
- Two charged in golf course burglary
- Creative industries can fuel a city's economic engine
- New owner for lumber stores
- Aboriginal leader Elijah Harper dies
- Marsh Madness: Photographers Fred Greenslade and Joe Bryksa capture spring migration's grandeur at Delta Marsh
- Grocer Joe Cantor dies at 88
- Prominent Canadians back petition to rename Victoria Day to honour aboriginals
- Famous city grocer loved job, customers
- Horrific crash kills minivan driver near Brandon
- Province removing red tape in alcohol sales
- Animals are animals, new ads say
- Skin picking gets status as distinct disorder, should help sufferers access help
- New owner for lumber stores
- Aboriginal leader Elijah Harper dies
- Dogs can experience separation anxiety and depression just like humans
- Ontario steps in to help save ELA
- Saskatchewan professor wants to test the health benefits of nose-picking
- 'Revenge of the redheads': Ginger-haired Montrealers gather in celebration
- An uncommon phenomenon
- Passengers from diverted flight to leave Winnipeg Thursday night
- Hundreds pitch in to dig out houses damaged, destroyed by Ochre Beach ice floe
- Retail sales in province see 2 per cent increase in February
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.