Cobourg Budget Performance to End of Q3

At the Council’s Committee of the Whole meeting on Monday, Treasurer Ian Davey will present a report on spending in the first three quarters of 2017 compared to budget.  Council directed in a motion on May 29 that these reports be posted on the Town’s web site but they can only be found in the Town’s Portal, not the main web site.  Details on both the Operating Budget and the Capital Budget are provided – the operating budget is looking OK but very little of the Capital budget has been spent so far this year.  Below are highlights of both – note that the “Revenue” reported is not tax revenue but could be called “other revenue”. Operating Budget Summary –… Read complete articleCobourg Budget Performance to End of Q3