A budget surplus with the city.
During Monday night’s meeting, administration presented their quarterly review of revenues and expenditures and are projecting $5.6 million dollars will be left over for non-COVID-19 operations, which represents 2.1 per cent of the total net budget of $273 million.
In the report, there were a few reasons identified for the extra money:
- $600,000 Thunder Bay Hydro Corporation
- $500,000 Winter Control
- $400,000 Vacancy Savings
- $400,000 Court Services Revenues
- $300,000 Infrastructure & Operations
- $200,000 Thunder Bay Fire Rescue
- $600,000 Thunder Bay Police Services
- $500,000 Supplementary Taxes
In the 2021 Budget, the original amount that was approved by council was $7.2 million.
