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Balanced Budget Predicted For City Of Ottawa

Posted by wlpo on April 16, 2013

Not too many cities or counties can say this but Ottawa plans on having a balanced budget.

The Ottawa City Council has put on file the FY 2014 budget which totals 43 million dollars.  That’s approximately 8 million dollars more than the current budget year which ends May 1st.

Finance Commissioner Wayne Eichelkraut says the larger budget is because of things like rising salaries, cost of implementing the countywide transportation system and a decision to spend 100 thousand dollars more on streets this year than last.  Despite the bigger budget Eichelkraut expects revenues to match expenditures.

The city council will have a special meeting to officially approve the new budget before May 1st.

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