The year end figures for the 2011 City of Yorkton budget were presented at the regular meeting of Council Monday, and it was a document with a mix of good and bad news.
Yorkton Director of Finance Lonnie Kaal said there were some positives in the document.
"On the plus side the tax roll was more than we thought," she said, adding it generated $179,000 more than budgeted.
Crown surcharges for right-of-way added an additional surplus of $180,000, with additional interest generating $197,000 more than budgeted.
Kaal said total revenues over budget were just shy of $556,000.
However that surplus quickly disappeared as capital expenditures were $236,508 over budget, while net department operating expenditures ran $269,110 over budget.
The combined over expenditures left the net surplus at $50,363.
Kaal said the major overexpenditure was what she termed the "exceptional" circumstances dealing with the effects of the 2010 flood.
As a result, snow removal in the spring of 2011 was $95,000 over budget, and camera inspections of drainage pipes, pumping of flood waters, installing manholes to allow video inspection, and cleaning critical trunk lines was $178,000 over budget.
Councillor Bob Maloney said he was more than satisfied with the year-end figures given the circumstances. He said with the extenuating circumstances resulting from the flood and its aftermath "I never thought we'd be in a surplus position."
Two standalone departments which did do well were landfill and waterworks.
Landfill revenues were $449,081 more than anticipated, said Kaal, adding the money was allocated to landfill reserves.
Waterworks revenues were $831,257 more than budgeted based primarily on industrial water sales, said Kaal. The surplus was allocated to waterworks reserves.
"We won't have to borrow to finish off the water treatment plant," she said.
.JPG;w=120;h=80;mode=crop)
