Wild weather punches $10.7-million hole in city budget

Much of the forecast deficit is related to the extreme weather conditions that have plagued Ottawa this year

flood
flood

The extreme weather patterns that Ottawa has experienced over the course of 2017 has taken a toll on the city’s budget.

The city is forecast to run a $10.7-million deficit in 2017, according to a report issued Tuesday to the finance and cconomic development committee.

Much of that deficit is related to costs the city has incurred as a result of wild weather.

OBJ360 (Sponsored)

The city notes that the $7.7-million rate-supported deficit can primarily be attributed to “lower water and sewer surcharge revenues as a result of wetter spring and summer weather.” (In other words, when it rains as much as it has this summer, residents don’t usually feel the need to water their lawns)

Part of the deficit comes from $11.7-million shortfall related to damage to roads as a result of a harsh winter, itself a portion of the extra $14 million that the City figures will need to be spent on road maintenance this year. The report notes that this cost was 12 per cent higher than the 5-year average.

The report also notes that the heavy flooding this spring cost the city nearly $2 million.

This article originally appeared in Metro News.

Get our email newsletters

Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.

By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.

Sponsored

Sponsored