• Print
  • Send to a friend
  • Comment (0)
  •  

Capital budget deliberations continue

Budget committee listens to a presentation regarding the proposed 2013-2017 capital budget during Monday's meeting. Times-Herald photo by Lisa Goudy

Budget committee listens to a presentation regarding the proposed 2013-2017 capital budget during Monday's meeting.

Published on March 18, 2013
Published on March 18, 2013
Lisa Goudy  RSS Feed

Latest News

See All Articles

Topics :
Times-Herald

Since the operating budget was passed, several changes are in effect in the proposed capital budget.

During Monday’s budget committee meeting, Brian Acker, director of financial services, presented an update on the proposed 2013-2017 capital budget. Budget committee heard the update as well as an overview of several of the city department’s budget requests at Monday’s meeting.

“There’s a number of items that have changed since we originally submitted the capital budget to council on Feb. 25,” said Acker. “The general reserve of the capital budget — and that’s the one that’s been impacted by all of these decisions — the balances at the end of the years changed significantly.”

As the budget currently stands, the balance at the end of the general capital reserve at the end of 2013 is approximately $2.60 million surplus and $358,454 in 2014. In 2015 the balance in the reserve is $1.82 million, $3.67 million in 2016 and $5.83 million in 2017.

Since the infrastructure deficit reserve initiative didn’t proceed, he said the capital project with an annual $300,000 contribution to that reserve is eliminated.

For more information, see Tuesday's edition of the Times-Herald.

Submit a comment

Submit a comment (we keep all emails private)
Agreement

We ask that users remain courteous. You may not post insulting, discriminatory or inappropriate content, which may be removed at our discretion. We are not responsible for user content and opinions. Use of this site as well as content submission & ownership are governed by our Conditions of Use and Privacy Policy.

Member organizations should be non-profit in nature, and promote legal activities. Any organization found promoting illegal activities or commercial products or services will be deleted from the site.

I agree with these conditions.

Advertising

More

Expert bloggers

Between the Lines
Blogger
Katie Brickman
The Moose Jaw Times-Herald
Blundell in trouble again
Designer Confessions
Blogger
Jillian Bilawchuk
Creating Flow and Consistency in...

More bloggers here

Newsletter

Please enter your email to receive our free newsletter

Subscribe to news alerts
SmartEdition logo smart
Ad Finder
And you can also view our great discount COUPONS here

Advertising