2007 Snow Removal Takes Toll on Reserve $$$
By 250 News
(Opinion250 file photo)
Prince George, B.C.- The City’s Manager of Financial Services says, "We just squeaked through."
Sandra Stribany says the final figures are in for snow control operations in the city last year and the efforts to keep our streets clear of the ’white stuff’ took their toll on the Snow Control Reserve Fund.
The 2007 budget was set at $4.0-million dollars, but the actual cost came in at $4.4-million dollars -- with a balance of $155-thousand dollars in the reserve fund and interest earnings on that -- the amount left in the fund as of December 31st was slightly more than $41-thousand dollars.
In 2006, the city spent $5.3-million dollars on snow removal operations, but the cushion in the reserve at that time was a healthier $1.1-million dollars.
Prince George City Councillors will begin debating the 2008 budget for snow removal, and all city expenditures, at the start of next month.
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