Friday, July 31, 2015

Moose Jaw Times-Herald: Calculating Moose Jaw's financial rank

City of Moose Jaw releases 2014 audited financial statements
Councillors look at the city's 2014 audited financial
statements at the July 27, 2015 council meeting.
Lisa Goudy/Times-Herald

By Lisa Goudy

According to Brian Acker, director of financial services, Moose Jaw's financial position is "very favourable" compared to other Saskatchewan cities.

Coun. Brian Swanson, however, would disagree.

"Some of the other cities actually have net debt," said Acker, citing Prince Albert's net debt at $3.5 million and stating Regina and Saskatoon have smaller net financial assets because of large capital expenses.

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