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Sarnia, Ont., faces a $5.6M deficit in 2025 due to rising costs and lower bus revenue, prompting a conservative budget plan.
Sarnia, Ontario, must account for a projected $5.6-million operating deficit in 2025 while planning its 2026 budget, representing about 3% of its $184.3-million 2025 budget.
The shortfall stems from higher maintenance and overtime costs, reduced bus revenue due to lower international student enrollment at Lambton College, and other expenses.
City officials are developing a recovery plan, with Mayor Mike Bradley emphasizing a conservative approach focused on essential services like roads, water, and parks.
The city aims to limit tax increases to inflation rates, while preparing for potential economic challenges.
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Sarnia, Ontario, enfrenta un déficit de $ 5.6 millones en 2025 debido al aumento de los costos y la disminución de los ingresos por autobuses, lo que provocó un plan presupuestario conservador.