The City of Thunder Bay projects a $800,000 surplus in its rate-supported operations for 2025, driven by strong performance in solid waste, wastewater, and waterworks. However, a shortfall in parking revenue due to the elimination of on-street parking fees partially offsets the surplus. While several departments are projected to close the year with favourable variances, Thunder Bay Fire Rescue and roads face potential shortfalls.
The City of Thunder Bay is forecasting an $800,000 year-end surplus in its rate-supported operations for 2025. This positive projection, however, does not signify a significant overall change to the city's tax-supported budget. The $800,000 surplus is primarily driven by strong performances in three key areas: solid waste ($600,000), wastewater ($400,000), and waterworks ($400,000).
However, this surplus is partially offset by a projected $600,000 shortfall in parking revenue, a direct consequence of the city council's decision earlier this year to eliminate most on-street parking fees. On a departmental level, several departments are expected to showcase significant favourable year-end budget variances. Notable examples include the Thunder Bay Police Service with a $300,000 surplus primarily due to cost savings from in-sourcing vehicle maintenance and a renegotiated contract with a vendor. Other departments like solid waste, strategic initiatives and engagement, revenue, corporate information technology, licensing and enforcement, long-term care and senior services, Superior North Emergency Medical Services, and engineering and operations are also projected to close the year with positive budget variances, mostly attributed to savings realized from unfilled staff vacancies. Conversely, some departments face projected unfavourable variances. Thunder Bay Fire Rescue anticipates a $200,000 deficit mainly due to WSIB and overtime costs, while the roads department projects a $400,000 shortfall. Corporate expenditures are also facing a $2.4 million unfavourable variance, primarily attributed to departmental vacancies, a factor that city officials acknowledge can be difficult to predict accurately. The vacancy allowance, projected based on historical trends, is ultimately reflected in each division's specific financial numbers
Finance Thunder Bay City Budget Surplus Rate Supported Operations Parking Revenue
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