"budget deficit"

2 agenda items mention this keyword

2026.05.12 – Special meeting of the executive committee of the City of Gatineau held in the committee room of the Maison du citoyen, 25 Laurier Street, Gatineau, on Tuesday, May 12, 2026 at 8:45 a.m., at which are · 2026-05-12

Use of reserves to cover certain eligible expenses in deficit in 2025

The City is using reserve funds to cover budget deficits from 2025 in areas such as legal damages, snow removal, and group insurance, where actual costs exceeded the budgeted amounts.

budgetgovernance

2026.05.12 – Regular meeting of the Gatineau City Council held at the Angers Community Centre, 1100 Yvon-Pichette Street, Gatineau, on Tuesday, May 12, 2026, at 7:02 p.m. · 2026-05-12

Use of Reserves to Cover Certain 2025 Deficit Expenses

The City is authorizing the use of reserve funds to cover budget deficits from 2025 in areas such as damages and litigation, snow removal, and group insurance. These expenses exceeded the original budget, and the use of reserves ensures these costs are covered as part of the annual financial closing process.

budgetgovernance