At first it looked like a major blunder but an apparent 7 million dollar
oversight was just a timing issue. Administration informed council
Tuesday night that the capital investment for the Emergency Services Shared
Facilities plan was left out of the document. City Clerk John Hannam
says the funds were approved after the document was put together and
since the capital investments are paid for through reserve funds it
won't affect the tax rate. Hannam says much of the funding will come
from the EMS reserves which is meant for these types of expenditures.
Wednesday, February 22, 2012
Oversight leaves 7 million out of budget
At first it looked like a major blunder but an apparent 7 million dollar
oversight was just a timing issue. Administration informed council
Tuesday night that the capital investment for the Emergency Services Shared
Facilities plan was left out of the document. City Clerk John Hannam
says the funds were approved after the document was put together and
since the capital investments are paid for through reserve funds it
won't affect the tax rate. Hannam says much of the funding will come
from the EMS reserves which is meant for these types of expenditures.
