City of Lacombe commits 2024 surplus to reserves

City of Lacombe commits 2024 surplus to reserves

The city reported a small year-end surplus

Lacombe City Council contributes $1.7 million to reserves

The City of Lacombe has contributed $1.7 million to reserves. File Photo/CentralAlbertaOnline.captiontext { font-size:90%;font-style: italic;margin-right:20px; } The City of Lacombe has released its year-end financials for 2024, demonstrating a commitment to Council’s strategic goals of fiscal responsibility and long-term financial sustainability. While the city reports a modest year-end surplus of $2,659 on a nearly $50 million budget, the real…