CBC News August 12, 2013 - The City of Saskatoon is projecting a $2-million deficit in the second quarter, but city administration said it will present a balanced budget by the end of the year.
The deficit projection is mainly the result of the pothole blitz and less revenue generated from leisure centre and landfill visits, city manager Murray Totland said in a press release. He also said that landfill equipment breakdowns and an increase in fuel prices contributed to the variance.
Marlys Bilanski, the city's general manager of corporate services, said they're looking for ways to cover that off.
"What this now gives us is the opportunity to take the next six months and just determine, OK, what do we need to do differently to try and manage that deficit," he said. "It's just a projection at this point."
The figure amounts to less than one per cent of the city's overall spending, which the annual budget is around $350 million.
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