The city is facing a $1.1 million dollar shortfall as waste handling, traffic fines, transit operations and a drop in revenue from burial plot sales are affecting Saskatoon’s budget.
The projected $1.1 million dollar short fall amounts to 0.22 per cent of the 2018 operating budget for the city.
Although the shortfalls are being mostly offset by higher revenues in other areas.
The city expects money from two other areas including $2.5 million in grants-in-lieu from SaskEnergy and $500 thousand from from the city’s utilities and $1.6 million due to a lower payroll and staff vacancies for the rest of 2018.
A report will be considered today (tues) at City Hall by the finance committee.
Also a report from administration will be presented in regards to Arbutus Properties and their proposal to buy the city yards located behind the police headquaters.
In the report going to committee highlights how the yards are still actively being used and are still an integral part of providing service to Saskatoon residents.
Today’s meeting starts at 2 p.m. at City Hall.