City releases October 2017 financial update
Winnipeg, MB – The City of Winnipeg’s latest Financial Status Report cites a year-end projected surplus in the tax-supported operating budget (General Revenue Fund) of $1.7 million as at October 31, 2017, and represents a $1.3 million improvement over the September projections. Based on the projected surplus, no additional transfer from the Financial Stabilization Reserve Fund is anticipated at this time.