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City of Ottawa ends 2023 with a budget surplus (ottawa.ctvnews.ca)
submitted 5 months ago by [email protected] to c/[email protected]
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The city of Ottawa ended 2023 with a multi-million dollar budget surplus, despite a series of severe weather events that hit the capital in the spring and summer.

A report for the finance and corporate services committee shows the city's tax-supported services ended 2023 with a $14.858 million budget surplus […]

Staff say COVID-19 added $64 million in cost pressures to the city, including at OC Transpo and Ottawa Public Health.  Costs included enhanced cleaning, personal protective equipment, required retrofits and equipment and revenue reductions primarily for transit.

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[–] [email protected] 1 points 5 months ago (2 children)

A surplus of $14.8m versus a projected deficit of $6m. That's a $20m swing. Someone is either sandbagging or terrible at projections. Either way, it belies dishonesty or incompetence. Neither builds trust in a municipal government.

[–] [email protected] 4 points 5 months ago

On a $5.8 billion budget?

Twenty million is around .34% of the total.

[–] [email protected] 1 points 5 months ago

What an absolute horrible take.