Province Provides Covid-19 Grants to Municipalities
In May, Council had a special meeting to discuss the impact of Covid-19 on the Town’s budget. A report by Treasurer (and interim CAO) Ian Davey said that there would be a shortfall in revenue of $1,561,000. However, he also said that this could be compensated for so that the Town would not have a significant financial problem – see links below. This assumed that the crisis would last for no more than 6 months – that is, that the last 3 months of the year would be business as usual. County Council was also expecting a drop in revenue and as well were trying to limit the impact on citizens by directing staff to have a goal of a… Read complete articleProvince Provides Covid-19 Grants to Municipalities