Budget balanced without any need for reserves or one-time monies.
On Wednesday, June 17, 2015, the Ontario Mayor and City Council unanimously approved a structurally balanced budget for Fiscal Year 2015-16 during a public special City Council Meeting.
The total overall budget of $491,951,228 was balanced without the use of any reserves or one time monies. Moreover, the budget provides funding to support high quality municipal services,… Read More