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Winnipeg Free Press
Grim financial forecast avoided through cost-cutting efforts, federal funding
MIKAELA MACKENZIE / WINNIPEG FREE PRESS FILES
Coun. Scott Gillingham, finance committee chairman, says federal funds and cost cutting helped avoid a $92-million deficit amid COVID-19.
The City of Winnipeg now believes its budget would have fallen $92 million short in 2020, had ample federal support and cost-cutting measures not filled the gap.
The City of Winnipeg now believes its budget would have fallen $92 million short in 2020, had ample federal support and cost-cutting measures not filled the gap.
Thanks to those major changes, the city now expects a deficit of $400,000 for last year’s tax-supported operating budget, based on figures up to Nov. 30, 2020.
City gets handle on its buildings in cost-saving effort
Last Modified: 7:57 AM CST Wednesday, Dec. 23, 2020 | Updates
The city-owned building at 266 Graham Ave. is considered an underutilized facility.
The City of Winnipeg will hire help to determine what it should do with more than 230 buildings it owns, rents or leases out, as part of an effort to streamline its assets.
The City of Winnipeg will hire help to determine what it should do with more than 230 buildings it owns, rents or leases out, as part of an effort to streamline its assets.
In February, the city plans to award a contract to a consultant who will help shape a new strategic facilities master plan. A report, which would provide criteria on how to assess the properties, is expected about six months later.