Municipal Budget: Public-Private Partnerships and Surplus

Summary#

The municipal council has authorized a net allocation of $6,531,000 to the operating surplus for fiscal purposes for the 2025 fiscal year, as well as an amount of $21,617,000 for prior years, from the account of recognized expenses to be taxed or provided for. These amounts will be used to finance the effect of the application of the accounting standard PS 3160 – Public-Private Partnerships.