It looks like the City of Kenora will finish with a surplus in 2025.
City treasurer Ryan Marsh gave a financial update to city council this week.
“Tax supported departments we’re forecasting a surplus of $559,000,” Marsh reported to council at the Committee of the Whole meeting.
“The Water and Wastewater (department) we have a small deficit of $42,000. The Solid Waste forecast is a surplus of $109,000.”
Marsh says it a real turnaround from the middle of last year, when it looked like the city was going to post a deficit.
“This report is a bit of a good news story in terms of where we were forecasting on the tax supported side in the previous quarters. The main things that are driving this change…we had some continued labour savings, you know, some delays in hiring that continued to happen and delays in start dates.”
For the first three quarters of 2025, the city had been looking at a deficit of $283,047 and over $380,000 through two quarters.
