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Prince Edward County welcomes a $996,000 surplus

A light brown brick community centre, with a green lawn and picnic bench in front of its antechamber.
Highline Hall in Wellington, Ontario, where PEC councillors meet while Shire Hall in Picton is renovated. Photo by Alex Wright.
CJPE - 99.3 FM - CJPE - Picton • ON | 15-07-2022
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The County of Prince Edward reported a net operating “surplus” for its Tax Supported Budget of $996,000 dollars.

Committee of the Whole approved of a staff recommendation made at the July 14 meeting, to apportion it and transfer $600,000 to the Reserve for Roads Equipment. The remainder of the surplus ($396,000) will go to the Tax Rate Stabilization Reserve.

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