City of Winnipeg’s projected deficit continues to grow in latest financial forecast - Winnipeg | Globalnews.ca

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City of Winnipeg’s projected deficit continues to grow in latest financial forecast

The projected deficit is up from the $56.8 million forecast in the city’s third-quarter financial report released in November. That report forecast a $17.2-million shortfall for Winnipeg Transit.

According to the report, COVID-19 has led to an estimated $12 million in costs over and above the $41.3 million the city had anticipated the pandemic would have in its budget.Toronto homeowners who were out of town discover their property was fraudulently sold: police “The total over-expenditure relating to snow removal and ice control is forecasted to be $52.6 million for the year, which includes an over-expenditure request for December operations,” the city said in a release Friday.

 

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