Leeds-Grenville posts surplus, moves it to reserves

May 30, 2017 by

Leeds Grenville LogoA 2016 year-end audit of the United Counties of Leeds and Grenville operating budget shows a surplus of $459,808.

The Budget Variance Report from Counties Treasurer Pat Huffman and Deputy Treasurer Nancy McMahon compares the 2016 approved budget with the 2016 actuals.

The report, filed each year in May and presented at the Committee of the Whole meeting, provides a breakdown of departments with a surplus or deficit.

Surplus funds were realized in several departments, including but not limited to: Corporate Services, Provincial Offences, Emergency Measures, Weed Inspection, Transportation Services, Waste Management, Community and Social Services, and at Maple View Lodge and St. Lawrence Lodge.

The year-end surplus was transferred to the operating surplus reserve.

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