The chair of the city’s finance committee says the latest projection is showing city hall could end up with about a 300-thousand dollar budget deficit this year.
Deputy Mayor Stephen Chase tells CHSJ News the budget took a hit with just over a million dollars in extra snow removal costs — but — he says they have made up some of that over expenditure since the winter with the wage freeze for civic managers.
Chase says the deficit is minimal when you consider this year’s budget is in the 120-million dollar range – he remains optimistic they will end the year without red ink on the bottom line.
