ResolutionFor Information Only
Relationship to the Strategic Plan / Health Impact Assessment
This report refers to operational matters.
Report SummaryThis report provides Council with an analysis of the City’s year-end position. The 2016 year end net over expenditure is approximately $2.2 Million. The deficit will be funded from the Tax Rate Stabilization Reserve, Roads Winter Control Reserve Fund, and the Library and Citizen Services Centre Reserve Fund all in accordance with the Reserve and Reserve Fund by-law.
There are no financial implications associated with this report.