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Winnipeg Free Press - PRINT EDITION
City on track for budget surplus
THE City of Winnipeg is on course to post a modest budget surplus at the end of 2012, says the latest financial status report from the chief financial officer.
Figures from the end of August show the city is on track to post a $5.4-million surplus on its $900-million operating budget.
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 mosquitoes this summer.
Republished from the Winnipeg Free Press print edition October 10, 2012 A5
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Province's new approach to teaching math long overdue: readers
6:14 PM 0Great job, Nancy, but why did you take so long?
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