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HomeNewsTown of Kap uses surplus to cover operations budget shortfall

Town of Kap uses surplus to cover operations budget shortfall

Kapuskasing Town Council has approved using nearly $57,000 from prior year’s surplus to cover the 2022 Operations Budget. Councillors wrestled with a decision whether to push the tax increase to nearly four per cent instead of using the surplus. Mayor Dave Plourde says the town puts together its budget early without knowing much else.

“So we make presumptions and make presumptions of what we think it might be,” he said. “So these budgets come in afterward and they kind a throw a curveball to it. But we do our best to try and accommodate all of those other budgets.”

Plourde says that extra money the town has built up has certainly come in handy.

“You have gotten use to that a lot of our infrastructure work has been done based on surpluses from two years previous,” he said. “We’ve been funding those infrastructure projects without going to the bank to borrow.”

Some councillors were opposed to using the surplus because it would mean less money available for emergency infrastructure projects, while others argued that residents have enough of a hard time dealing with the cost of everything going up and don’t need their taxes increasing even further.

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