The Town of Huntsville’s financial position is forecasting an operating deficit of about $428,000, which is equivalent to approximately 1.4 per cent of its overall operating budget. The news was delivered as part of the municipality’s Q1 report by Director of Financial Services/Treasurer Julia McKenzie at the May 27 General Committee meeting. “The intent of this is to look high-level at some of the pressures that we do know at this time, and tha…
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