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City projecting surplus for fiscal year

By Tim Davidson Sep 11, 2024 | 9:59 AM

The City of Kenora will finish the year in the black.

Even though the city’s finances are not audited yet, initial projection are for a $951,616 surplus.

That’s despite $214,000 in tax write-offs.

The city’s director of finance Ryan Marsh the surplus comes from $506,000 in savings from wages and benefits and from $563,000 primarily a result of the recycling contract.

The solid waste and sewer and water departments are projecting a slight deficit on their operations this year.

(File photo)