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Winnipeg ends fiscal year with $7.2 million surplus, defying $20.5 million deficit forecast.
Winnipeg unexpectedly ended the 2024 fiscal year with a $7.2 million surplus, contrasting with a projected $20.5 million deficit.
This improvement came from higher investment interest, lower fuel costs for public transit, and a $22.5 million lawsuit settlement.
The surplus will bolster the city's rainy-day fund to $17.6 million, ensuring financial stability.
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Winnipeg termina el año fiscal con un superávit de 7,2 millones de dólares, desafiando el pronóstico de déficit de 20,5 millones de dólares.