Councillors are pictured at the May 16, 2016 council meeting. Lisa Goudy/Times-Herald |
By Lisa Goudy
In the first
three months of the year, the city has spent 23 per cent of its total
expenditure budget for 2016.
At Monday’s
council meeting, Brian Acker, director of financial services, presented a
report detailing the revenues and expenditures in the first three months of the
year. It was received and filed.
For the period
from Jan. 1 to March 31, 2016, the city has spent $10.08 million of the $44.35
million 2016 budget, an increase of $1.07 million compared to the same period
in 2015 when the city had spent $9.01 million.
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