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Tag Archives:
Budget
Saskatoon facing $40-million funding gap as budget deliberations begin
Saskatoon's city council is heading into three days of budget deliberations with property tax increases sitting at a preliminary 7.22 per cent for next year and 5.58 per cent for 2025. During a budget...
Lara Fominoff
Nov 27, 2023
The City of Saskatoon’s 2024 operating budget stands at $628.5 million, a 6.06-per-cent increase from 2023. (650 CKOM file photo)
Sask. forecasts $250M deficit in mid-year financial report
Saskatchewan's finances have taken a downturn. The province's mid-year financial report is forecasting a deficit of $250.5 million at mid-year, down $1.27 billion from budget and $736.1 million from t...
CKOM News
Nov 27, 2023
Federal government expects $40-billion deficit this year: Freeland
The fall economic update from the federal government projected a $40-billion deficit for the current fiscal year. The update, delivered on Tuesday by Finance Minister Chrystia Freeland, acknowledged t...
CKOM News
Nov 21, 2023
Minister of Finance Chrystia Freeland delivers the Fall Economic Statement in the House of Commons in Ottawa on Tuesday, November 21, 2023. THE CANADIAN PRESS/Adrian Wyld
Regina taxes, utility rates going up in proposed 2024 budget
Property tax bills in Regina could be going up next year, but by less than initially expected thanks to a change in garbage collection. The City of Regina released its proposed 2024 budget on Friday, ...
CKOM News
Nov 17, 2023
Saskatoon releases details of budget process ahead of deliberations
Saskatoon residents are looking at a seven per cent property tax increase in 2024, and another 5.7 per cent in 2025. That's according to a statement on the budget process released by the city. But cou...
CKOM News
Nov 09, 2023
During a series of special budget meetings over the summer, council and administration shaved off $35 million dollars from a $75-million shortfall. (650 CKOM file photo)
Preliminary police, library budgets presented to Saskatoon council
As the City of Saskatoon works to tackle massive budget gaps for 2024 and 2025, the Saskatoon Public Library and Saskatoon Police Service unveiled their preliminary budgets. The Saskatoon Police Servi...
Craig Silliphant
Oct 12, 2023
The preliminary budgets for Saskatoon's library and police force were unveiled this week. (650 CKOM file photo)
Fees to increase as Saskatoon council makes progress on massive funding gaps
It's a slow process, but Saskatoon's city councillors are shaving down a funding gap that still adds up to more than $44 million over the next two years. After Tuesday's third special budget meeting, ...
Lara Fominoff
Aug 16, 2023
(650 CKOM file photo)
Saskatoon city auditor to report on ratio of managers to employees
Saskatoon's finance committee has unanimously voted to direct the city's independent auditor, Sohail Saleem, to report on the ratio of managers to full-time employees. Coun. Cynthia Block made the mot...
Lara Fominoff
Aug 10, 2023
(650 CKOM file photo)
Huge Saskatoon budget funding gap reduced by another $3.7 million
The City of Saskatoon's massive funding gap for 2024 and 2025 is slowly shrinking. Before special budget meetings began in June and some savings were found, the city was facing a $52-million funding g...
Lara Fominoff
Aug 10, 2023
(650 CKOM file photo)
Saskatoon council closes massive funding gap by $23 million
At a marathon meeting Tuesday, Saskatoon's city council made a significant dent in a major funding gap. The city was facing a $50.9-million funding gap for 2024 and a $23.2-million gap in 2025. So far...
Lara Fominoff
Jul 25, 2023
(650 CKOM file photo)
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