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County pulls off $3 million draft surplus in 2020, despite pandemic impacts

Author of the article: Lindsay Morey Publishing date: Mar 05, 2021  •  March 5, 2021  •  3 minute read  •  On Tuesday, March 3, council was told by administration that the county s 2020 draft (unaudited) consolidated operating surplus is projected to be $3,006,621 which is considered to be 0.8 per cent of the overall $381.5-million operating budget. Postmedia File Article content Despite a terribly challenging economic year, despite the pandemic, Strathcona County has managed to stay in the black. Even with the cancellation of a tax increase, tax deferrals, and millions in lost revenue for recreational, cultural programs and transit, Strathcona County ended 2020 with a draft surplus of $3 million. We apologize, but this video has failed to load.

County pulls off $3 million draft surplus in 2020, despite pandemic impacts

County pulls off $3 million draft surplus in 2020, despite pandemic impacts
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