Neepawa deals with its surplus

Details

Published on Thursday, February 22, 2018

Neepawa Town Council - Tuesday, Feb. 20, 2018

By Eoin Devereux

Neepawa Banner & Press

The Town of Neepawa closed out 2017 with some money in its pocket. During its most recent Council meeting,  it was confirmed that for the fiscal year ending Dec. 31, 2017, they had an non-audited surplus of $576,000 from the general operating fund and $425,000 from the utility operating fund.

In response to this surplus, Town Council voted to transfer the majority of the surplus from general operating to building and land reserves ($516,000). A portion of it, however, will be set aside in a health care facility reserves ($40,000) and a recreation reserve ($20,000). As for the utility surplus,  it will all be transferred to the Utility-Water Reserve.

Chamber of Commerce Fair

Approval has been granted to the Neepawa and District Chamber of Commerce to obtain a community events liquor permit. The permit is for the annual Chamber Fair, scheduled for the Beautiful Plains Ag Society Grounds from May 25-27.

As well, Council approved the Fair parade route. The route will begin at the Yellowhead Centre, then south on Mountain Avenue, east on Davidson to Brown Avenue, then to Hamilton Street . The parade is scheduled for Saturday, May. 26 at 11:00 a.m.