City releases Financial Status and Forecast Report to June 30, 2022
COVID-19 and other financial pressures continue to cause shortfalls in City’s operating budget
Winnipeg, MB – The City of Winnipeg’s second quarter financial status and forecast report is forecasting a projected deficit in the tax-supported operating budget (General Revenue Fund) of $55.9 million and an additional shortfall of $14.7 million in Transit as at June 30, 2022. The financial status and forecast report will be presented at the meeting of the Standing Policy Committee on Finance on September 12, 2022.