It’s going to cost the city an estimated $3 million as its share to carry out renovations for its new space at City Hall. The Finance Committee approved setting aside $1.2 million for that purpose from unbudgeted for property tax at Canaport L-N-G.
Saint John Water is reporting a projected year end surplus of $1.16 million. $850 thousand of that will be put into a reserve fund for the safe drinking water project.
Saint John Transit is also reporting a surplus with $250 thousand being used to establish a reserve fund for its building which is about 10 years old.
The Fire Department is projecting a year end surplus of $300 thousand dollars. Expenses at the police department exceeded revenue by more than $262 thousand but the Finance Committee was told not enough money had been allocated this year for vehicle maintenance and fuel.
