City’s projected deficit leaps to $3.4M

Read the full story and comment on Tbnewswatch.com

THUNDER BAY — Thunder Bay’s municipal government is projected to end the year with a $3.4-million deficit, amounting to roughly one per cent of its budget, driven largely by emergency services costs.

The figures are included in a second-quarter budget variance report that will be presented to city council on Monday. The report uses spending and revenue figures as of June 30 to project the city’s financial position at year-end. That includes an estimated overage of $200,000 by the police services board, attributed to “administrative and expert panel costs.”

Meanwhile, an expansion in Workplace Safety and Insurance Board coverage for cancer claims by firefighters was projected to create $4 million in unbudgeted costs for the city this year. “The statistic that’s thrown out there is on average, the firefighting profession will reduce a firefighter’s life expectancy by 10 years, so that’s a pretty staggering number,” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

tbnewswatch /  🏆 75. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

City looking for feedback on recent summer eventsRead the full story and comment on Tbnewswatch.com
Read more »

Festival of India celebrates 14 yearsRead the full story and comment on Tbnewswatch.com
Read more »

Good Morning, Thunder Bay!Read the full story and comment on Tbnewswatch.com
Read more »

Border Cats drop second straight on the roadRead the full story and comment on Tbnewswatch.com
Read more »

Thousands attend Country on the Bay festivalRead the full story and comment on Tbnewswatch.com
Read more »

Hundreds throw their worries to the wind at Festival of Colours (33 photos)Read the full story and comment on Tbnewswatch.com
Read more »