City of FSJ has a $2 million surplus from 2008

The City of Fort St. John’s 2009 budget presentations continue Monday at City Hall.

Monday’s meeting will focus on the 2009 Operating Budget.  The City has two main budgets, the Operating Budget and Capital Budget.  The operating budget focuses on the day to day operations of the city and the capital budget is money set a side to pay for infrastructure projects.

In a report that you can read in full below, Council will hear that the city is estimated to have roughly a $2 million surplus from 2008.  A number of city departments were able to save over $2.4 million in 2008.  The Water, Sewer and Transit funds were all over budget by just over $400,000.

As for 2009, the current draft budget has a shortfall of $1.3 million.  The total operating budget at the moment sits around $49 million and revenues are expected to be around $48 million.

Council will be presented with the entire draft operating budget Monday at 3pm.  This meeting is open to the public.

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